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BlackBerry (NYSE:BB) Shares Down 3.5% After Analyst Downgrade
['Defense World Staff']
Defense World
BlackBerry Limited (NYSE:BB – Get Free Report)’s stock price was down 3.5% on Friday after TD Securities downgraded the stock from a buy rating to a hold rating.
CIBC restated an “outperform” rating on shares of BlackBerry in a report on Tuesday, June 24th.
Canaccord Genuity Group restated a “hold” rating and set a $4.60 price target on shares of BlackBerry in a report on Friday, September 26th.
BlackBerry Price PerformanceThe firm has a market capitalization of $2.65 billion, a PE ratio of -449.50 and a beta of 1.51.
BlackBerry Company Profile(Get Free Report)BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide.