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Stock impact report

Why BlackBerry Stock Flopped on Friday [Yahoo! Finance]

BlackBerry Limited (BB) 
Last blackberry limited earnings: 3/31 04:05 pm Check Earnings Report
US:NYSE Investor Relations: us.blackberry.com/company/investors
Company Research Source: Yahoo! Finance
10 stocks we like better than BlackBerry › A fairly tepid analyst note helped spur a sell-off of BlackBerry (NYSE: BB) stock on Friday. The company, still working to pivot from its salad days as a pre-smartphone communications device powerhouse, saw its share price erode by more than 5% as a result. That compared unfavorably to the performance of the S&P 500 (SNPINDEX: ^GSPC) , which flatlined on the day. Good but accurately priced now That prognosticator was Daniel Chan of TD Cowen, who after market close on Thursday resumed his coverage of BlackBerry stock. Unfortunately for the tech company and its investors, he did so with only a neutral recommendation, setting a price target of $5 per share. Image source: Getty Images. According to reports, in his latest take, Chan praised BlackBerry's most recent efforts to pivot further away from its smart device past. He feels that it has the potential to grow its business and widen its profit margins. The analyst has more of an i Show less Read more
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