CIBC Upgrades BlackBerry to Neutral, Raises Price Target to $6.5
Portfolio Pulse from richadhand@benzinga.com
CIBC analyst Todd Coupland upgrades BlackBerry (NYSE:BB) from Underperformer to Neutral and raises the price target from $4.2 to $6.5.
May 18, 2023 | 1:41 pm
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BlackBerry's stock rating has been upgraded to Neutral by CIBC analyst Todd Coupland, with a raised price target of $6.5.
The upgrade from Underperformer to Neutral by CIBC analyst Todd Coupland indicates a more positive outlook on BlackBerry's stock. The raised price target from $4.2 to $6.5 suggests that the analyst believes the stock has potential for growth in the short term. This news is likely to have a positive impact on BlackBerry's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100