MKM Partners Maintains Neutral on BlackBerry, Lowers Price Target to $4.5
Portfolio Pulse from Vick Meyer
MKM Partners has maintained a neutral rating on BlackBerry and lowered its price target to $4.5.
April 01, 2020 | 12:12 pm
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NEGATIVE IMPACT
MKM Partners has maintained a neutral rating on BlackBerry, but has lowered the price target to $4.5, indicating a cautious outlook.
The lowering of the price target by MKM Partners suggests a less optimistic view on BlackBerry's future performance, which could lead to a negative short-term impact on the stock price. The neutral rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100