BlackBerry's (BBRY) Turnaround Continues Taking Shape in Q4 - Cowen
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BlackBerry (BBRY) PT Cut to $8.80 at Goldman Sachs
March 31, 2014 8:33 AM EDTGoldman Sachs maintained a Neutral rating on BlackBerry (NASDAQ: BBRY) and trimmed its price target to $8.80 (from $9.50). Analyst Simona Jankowski called the company's Q4 "mixed."
"BlackBerry beat consensus EPS estimates by a wide margin on aggressive cost cutting, with gross margin of 43% well ahead of consensus at 35% (GS at 40%), and opex of $577mn... More
TD Securities Comments on BlackBerry (BBRY) Q4
March 28, 2014 3:06 PM EDTTD Securities maintained a Hold rating on BlackBerry (NASDAQ: BBRY) with a price target of $10.50. Comments follow Q4 results.
Analyst Scott Penner said, "We think the share price reaction reflects the market comfort that management has bolstered liquidity and cut costs... More
MKM Comments on BlackBerry (BBRY) Q4
March 28, 2014 3:01 PM EDTMKM Partners reiterated a Neutral rating on BlackBerry (NASDAQ: BBRY) with a price target of $10.00. Comments follow Q4 results.
Analyst Michael Genovese said, "We are maintaining our Neutral rating and $10 FV estimate following 4QFY14 results characterized by impressive fixed cost reductions and margin... More
UPDATE: BlackBerry (BBRY) Posts Q4 adj.-Loss of 8c/Share
March 28, 2014 7:00 AM EDT(Updated - March 28, 2014 7:03 AM EDT)
BlackBerry (NASDAQ: BBRY) reported Q4 EPS of ($0.08), $0.49 better than the analyst estimate of ($0.57). Revenue for the quarter came in at $976 million versus the consensus estimate of $1.11 billion.'
"I am very pleased with our progress and execution in fiscal Q4 against the strategy we laid out three... More
