Stock Buzzer: BlackBerry Ltd Rises A lot Today, Is Now One of The Best Performer

Stock Buzzer: BlackBerry Ltd Rises A lot Today, Is Now One of The Best Performer

The stock of BlackBerry Ltd (NASDAQ:BBRY) is a huge mover today! About 1.79M shares traded hands. BlackBerry Ltd (NASDAQ:BBRY) has declined 2.30% since March 3, 2016 and is downtrending. It has underperformed by 10.64% the S&P500.
The move comes after 6 months positive chart setup for the $4.10 billion company. It was reported on Oct, 6 by Barchart.com. We have $12.53 PT which if reached, will make NASDAQ:BBRY worth $2.46 billion more.

BlackBerry Ltd (NASDAQ:BBRY) Ratings Coverage

Out of 19 analysts covering Blackberry (NASDAQ:BBRY), 2 rate it a “Buy”, 4 “Sell”, while 13 “Hold”. This means 11% are positive. Blackberry has been the topic of 37 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm has “Sell” rating by Citigroup given on Thursday, April 7. The stock of BlackBerry Ltd (NASDAQ:BBRY) earned “Neutral” rating by Macquarie Research on Thursday, September 29. The company was initiated on Tuesday, September 29 by Sterne Agee CRT. Imperial Capital maintained the stock with “In-Line” rating in Thursday, June 16 report. The firm has “Hold” rating by Morgan Stanley given on Tuesday, September 22. The firm earned “Sector Perform” rating on Monday, December 14 by RBC Capital Markets. The firm has “In-Line” rating by Imperial Capital given on Tuesday, December 22. Raymond James upgraded the shares of BBRY in a report on Friday, August 12 to “Outperform” rating. The stock of BlackBerry Ltd (NASDAQ:BBRY) earned “Hold” rating by S&P Research on Friday, September 4. The rating was maintained by RBC Capital Markets on Monday, December 21 with “Sector Perform”.

According to Zacks Investment Research, “BlackBerry Limited is involved in the design, manufacture and marketing of wireless solutions for the mobile communications market. Its integrated hardware, software and services provide platforms and solutions for seamless access to information which includes e-mail, voice, instant messaging, short message service, Internet and intranet-based applications and browsing. The company operates in North America, Europe, Asia Pacific and Latin America. BlackBerry Limited, formerly known as Research In Motion Limited, is headquartered in Waterloo, Canada.”

More notable recent BlackBerry Ltd (NASDAQ:BBRY) news were published by: Fool.com which released: “BlackBerry Ltd. Finally Stops Making Smartphones” on October 03, 2016, also Profitconfidential.com with their article: “BBRY Stock: Blackberry Ltd’s Move Could Shatter Expectations” published on October 04, 2016, Profitconfidential.com published: “BlackBerry Ltd: BBRY Stock Could Hit $10 By Year-End 2016” on September 30, 2016. More interesting news about BlackBerry Ltd (NASDAQ:BBRY) were released by: Valuewalk.com and their article: “BlackBerry Ltd Confirms Plans To Continue Support For OS 10” published on October 06, 2016 as well as Seekingalpha.com‘s news article titled: “BlackBerry Eliminates Its Exposure To Hardware Risk” with publication date: October 03, 2016.

BBRY Company Profile

BlackBerry Limited (BlackBerry), incorporated on July 3, 1984, provides mobile communications solutions. The Firm is engaged in the sale of smartphones and enterprise software and services. The Company’s services and products include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. The Company’s subsidiaries include BlackBerry Corporation, BlackBerry UK Limited, BlackBerry Singapore Pte. Limited, Good Technology Corporation and QNX Software Systems Limited (QNX).

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