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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
Sep 2016MacquarieUpgradesUnderperformNeutral
Sep 2016Morgan StanleyMaintainsEqual-Weight
Sep 2016Credit SuisseMaintainsUnderperform

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View the Latest Analyst Ratings

Posted-In: News Upgrades Price Target Intraday Update Analyst Ratings Movers Tech

 

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