BlackBerry wins dismissal of U.S. lawsuit over BlackBerry 10...
http://finance.yahoo.com/news/blackberry-wins-dismissal-u-lawsuit-212455337.html
Simona Jankowski has an overall success rate of 64% recommending stocks and a +13.4% average return per recommendation. She has rated Blackberry 31 times since April 2009, earning an 88% success rate recommending the company and a +30.8% average return per BBRY recommendation...
In an updated research note sent to clients and investors, Goldman Sachs analysts have downgraded BlackBerry Ltd (NASDAQ:BBRY) stock from Neutral to Sell rating, and have revised down the price target from $10 to $9. Blackberry stock was down 4.69% in pre-market trading today on the back of this downgrade...
Goldman Sachs, however, did point out that Blackberry stock has been up 60% since November 2013, when John Chen took over as CEO. It announced formally at the 2015 Mobile World Congress that its long-term survival is mainly dependent on providing software solutions to the enterprise segment. Mr. Chen is aiming to reduce Blackberry’s reliance on hardware revenues by making the company’s device management service known as BES12 compatible with smartphones not produced by Blackberry, in the process setting up a new software business...
BlackBerry: Goldman Sachs Induced Sell-Off Is An Excellent Buying Opportunity...
1. "A sell-off that is triggered by fundamental business problems such as the surfacing of balance sheet risks, legal conflicts, or falling commodity prices. These sell-offs have a lot of credibility and can lead to cyclical and secular share price declines."
2. "Other sell-offs are triggered by analysts that are releasing a biting analysis or downgrade a stock that sends investors running for the hills." Achilles Research
Most sell-side firms have a Neutral outlook on Blackberry. According to data polls on Bloomberg, 20 out of 36 analysts have a Hold rating on the stock. Analysts at both Cowen & Co. and BMO Capital have maintained a Market Perform rating on Blackberry, with the price target set at $10. Meanwhile, Cormak Securities has set a price target of $17 on the stock, and has maintained a speculative Buy rating. The average 12-month price target on Blackberry stock is $9.56...
Hillary Clinton uses a Blackberry girls...;-) Buy a Blackberry and a little stock and watch your portfolio grOW...and that's a fact!
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