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BlackBerry (BB) Gets a Hold from RBC Capital

Tipranks - Tipranks - Sat Apr 11, 6:34AM CDT

In a report released yesterday, Paul Treiber from RBC Capital maintained a Hold rating on BlackBerry, with a price target of $4.50. The company’s shares closed yesterday at C$5.25.

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According to TipRanks, Treiber is a 5-star analyst with an average return of 9.2% and a 55.15% success rate. Treiber covers the Technology sector, focusing on stocks such as Shopify, Constellation Software, and Blackline Safety.

In addition to RBC Capital, BlackBerry also received a Hold from TipRanks – xAI’s xAi Software – Infrastructure in a report issued today. However, on the same day, TipRanks – Google upgraded BlackBerry (NYSE: BB) to a Buy.

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Based on BlackBerry’s latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of C$141.59 million and a net profit of C$13.68 million. In comparison, last year the company earned a revenue of C$143 million and had a GAAP net loss of C$11 million

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