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BlackBerry Upgraded By Macquarie Following Encouraging Earnings Report
Monday, April 3, 2017 - 10:15am | 316Shares of BlackBerry Ltd (NASDAQ: BBRY) were trading lower by around 1 percent Monday morning despite the stock being upgraded by analysts at Macquarie Research. Macquarie's Gus Papageorgiou upgraded BlackBerry's stock to Outperform from Neutral with a price target boosted to $9.00 from a previous...
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BlackBerry Just Has 'Too Many Headwinds'; Macquarie Starts Coverage At Underperform
Wednesday, May 18, 2016 - 1:48pm | 428Macquarie has initiated coverage on BlackBerry Ltd (NASDAQ: BBRY) at Underperform, with a target price of $6.90, saying the company has "too many headwinds." Macquarie is concerned over BlackBerry's high margin service business "going to zero" and the viability of handset business and messenger...