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Technology Stocks : BB: BlackBerry (fka RIMM: Research in Motion)

BB 3.945

+4.8%

Dec 22 3:59 PM EST

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From: kidl	3/26/2018 10:09:34 AM
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Globe says CIBC analysts upbeat on BlackBerry BlackBerry Ltd (C:BB) Shares Issued 536,720,771 Last Close 3/23/2018 $16.02 Monday March 26 2018 - In the News The Globe and Mail reports in its Monday edition that CIBC analysts Todd Coupland and Amy Dyck have a 12- to 18-month price target of $15 (U.S.) for BlackBerry, up from $12.44 (U.S.) currently. The Globe's Michael Babad writes that the analysts expect to see quarterly revenue of $246-million (U.S.) and adjusted earnings per share of seven U.S. cents. They noted, too, BlackBerry's recent partnership with Microsoft. "We view this announcement as positive for BlackBerry's core enterprise mobility business," the CIBC analysts said.

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