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BlackBerry Ltd 7.6% Potential Upside Indicated by Cowen

BlackBerry Ltd with TICKER NASDAQ:BBRY has had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘MARKET PERFORM’ today by analysts at Cowen. BlackBerry Ltd are listed in the Public Utilities sector within NASDAQ. Cowen have set a target price of 11 USD on its stock. This indicates the analyst believes there is a potential upside of 7.6% from the opening price of 10.22 USD. BlackBerry Ltd NASDAQ:BBRY has a 50 day moving average of 9.95 USD and the 200 Day Moving Average price is recorded at 10.34 USD. The 52 week high for the stock is 12.63 USD while the 52 week low for the stock is 7.16 USD.


BlackBerry Ltd NASDAQ:BBRY is a provider of wireless solution, comprised of smartphones, service and software. The Company provides hardware, software and services that support multiple wireless network standards, it provides platforms and solutions for seamless access to information, including email, voice, instant messaging, short message service, internet and intranet-based applications and browsing. The Company’s focuses on four business areas, which include devices business, enterprise services, QNX embedded business and messaging. The Company’s products and services are BlackBerry Smartphones which includes BlackBerry 10 smartphones, powered by the BlackBerry 10 OS, and BlackBerry 7 smartphones, powered by the BlackBerry 7 OS; BlackBerry Enterprise Service which include BlackBerry enterprise service 10 and BES 12, QNX and BMM.

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