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Analysts Mixed On BlackBerry Following 23% Drop
Wednesday, September 25, 2019 - 9:40am | 501Shares of BlackBerry Ltd (NYSE: BB) hit a multi-year low Tuesday in reaction to a fiscal second-quarter report highlighted by a miss in its Internet of Things and cybersecurity division. The Analysts TD Securities analyst Daniel Chan maintains a Buy rating on Blackberry with a price target lowered...
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What Analysts Think Of BlackBerry's Turnaround
Monday, April 1, 2019 - 11:53am | 640BlackBerry Ltd (NYSE: BB) CEO John Chen said Friday after the company's fourth-quarter report its turnaround is complete. The transition from smartphone maker to software and services should result in the company seeing year-over-year growth in all four quarters. Here is a summary of how...
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The Street Reacts To BlackBerry's Cylance Acquisition
Monday, November 19, 2018 - 12:42pm | 632Canada-based BlackBerry Ltd (NYSE: BB) reached an agreement last week to acquire Cylance, a threat detection cybersecurity company with a specialty in artificial intelligence. Here's how the sell-side reacted to BlackBerry's largest M&A move to date. The Analysts CIBC...
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Analyst Previews BlackBerry's Q2: Bookings Should Buoy Software Revenue
Monday, September 25, 2017 - 4:07pm | 426Previewing BlackBerry Ltd (NASDAQ: BBRY)'s fiscal year second-quarter results due before the markets on Thursday, TD Securities said it expects bookings to buoy software revenue. As such, the firm maintains its Buy rating and 12-month price target of $11.50 on shares of BlackBerry. Strong...
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Why Qualcomm's Restructuring Is Good For Long-Term Investors
Friday, July 24, 2015 - 11:45am | 280QUALCOMM, Inc. (NASDAQ: QCOM) beat earnings and revenue expectations on Wednesday evening, aided by lower taxes. However, guidance for the full year was trimmed again, as the headwinds from Samsung and China continue to impact more than expected. Going forward, the tech company is planning to...