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CIBC Sticks to Their Buy Rating for BlackBerry (BB)

Tipranks - Sat Jun 27, 9:40AM CDT

CIBC analyst Todd Coupland maintained a Buy rating on BlackBerry today and set a price target of $13.00.

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Coupland covers the Technology sector, focusing on stocks such as BlackBerry, Rubrik, Inc. Class A, and Datadog. According to TipRanks, Coupland has an average return of 12.5% and a 46.81% success rate on recommended stocks.

In addition to CIBC, BlackBerry also received a Buy from Stifel Nicolaus’s Suthan Sukumar in a report issued on June 24. However, today, Raymond James maintained a Hold rating on BlackBerry (NYSE: BB).

BB market cap is currently C$8.57B and has a P/E ratio of 106.82.

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