Two More Executives Depart BlackBerry (BBRY) Amid Company Shakeup
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/2/2026
- Nasdaq hits record high after softer jobs data tempers rate-hike bets
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- DataMeds AI's Corexa Pharmacy tops $1M in monthly revenue
- Equities rebound to close higher as surging Treasury yields recede
- Twilio, Vylor set to join S&P 500 as index reshuffles members
- onsemi cuts Synaptics deal price to $5.7B after rival bid
- Wells Fargo names 13 stocks as overweight tactical ideas
BlackBerry (BBRY) Estimates Trimmed at Jefferies after Latest Survey
December 16, 2013 8:59 AM ESTJefferies analyst Peter Misek lowered estimates on BlackBerry (NASDAQ: BBRY) following the latest quarterly smartphone survey. The firm maintained a Hold rating and price target of $6.00.
"We believe Blackberry is largely exiting from the consumer space and is using existing on-hand and channel... More
UPDATE: Bernstein Upgrades BlackBerry (BBRY) to Market Perform; Assets Worth $6-$13B
December 16, 2013 7:34 AM EST(Updated - December 16, 2013 8:26 AM EST)
Bernstein upgraded BlackBerry (NASDAQ: BBRY) from Underperform to Market Perform with a price target of $5.50. Analyst Pierre Ferragu remains cautious but he thinks downside is limited.
"As we expected, Fairfax's attempt to take out Blackberry has failed, driving the stock to all time lows. We believe the near term will be very challenging, and we model almost 800m burnt in this quarter... More
