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BlackBerry Shares Surge on First Day of New Ticker

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Shares of BlackBerry (NASDAQ: BBRY), the company formerly known as Research in Motion, surged on Monday, the first day the company traded under its new ticker.

Bernstein Research upgraded shares to Outperform with a $22 price target. Analysts at Bernstein believe the company will enjoy a strong launch of its BlackBerry 10 devices, which will go on sale in the U.S. in March.

Shares of BlackBerry gained more than 14 percent.

Latest Ratings for BBRY

DateFirmActionFromTo
Jul 2015Morgan StanleyUpgradesUnderweightEqual-weight
Jul 2015MacquarieMaintainsUnderperform
Jun 2015Imperial CapitalMaintainsIn-line

View More Analyst Ratings for BBRY
View the Latest Analyst Ratings

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