Baird Maintains Neutral on BlackBerry, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Luke Junk has maintained a Neutral rating on BlackBerry (NYSE:BB) and reduced the price target from $5.5 to $5.
December 21, 2023 | 12:34 pm
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Baird analyst Luke Junk maintains a Neutral rating on BlackBerry and lowers the price target from $5.5 to $5.
The reduction in price target by Baird suggests a less optimistic outlook on BlackBerry's stock value, which could lead to a negative short term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100