Raymond James Maintains Market Perform on BlackBerry, Lowers Price Target to $4.75
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Steven Li maintains a Market Perform rating on BlackBerry (NYSE:BB) but lowers the price target from $5.5 to $4.75.

June 28, 2024 | 2:25 pm
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Raymond James analyst Steven Li maintains a Market Perform rating on BlackBerry but lowers the price target from $5.5 to $4.75.
The lowered price target from $5.5 to $4.75 by Raymond James suggests a less optimistic outlook for BlackBerry's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
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