CIBC Upgrades BlackBerry (BBRY) to Sector Perform
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BlackBerry (BBRY) PT Raised to $9 at BMO Capital Following Announced Arbitration Decision
April 12, 2017 11:42 AM EDTBMO Capital raised its price target on BlackBerry (NASDAQ: BBRY) to $9.00 (from $8.00) while maintaining a Market Perform rating. BlackBerry announced that it will receive $815 million from Qualcomm for royalty overpayments on devices sold during 2010-2015.
Although the award is binding,... More
