BlackBerry Ltd T.BB

Alternate Symbol(s): BB

Technology Software - Infrastructure

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments around the world. The Company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The Cybersecurity segment consists of BlackBerry Spark, BlackBerry SecuSUITE and BlackBerry AtHoc. The IoT business consists of BlackBerry Technology Solutions (BTS) and BlackBerry IVY. The Licensing and Other segment consists primarily of the Company’s patent licensing business. The Company’s core secure software and services offerings are its Cylance cybersecurity and BlackBerry unified endpoint management (UEM) solutions, collectively known as BlackBerry Spark. Its Cylance cybersecurity solutions include CylanceENDPOINT, an integrated endpoint security solution that leverages the Cylance AI model and OneAlert EDR console. The BlackBerry UEM Suite includes the Company’s BlackBerry UEM, BlackBerry Dynamics and BlackBerry Workspaces solutions.

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BlackBerry Ltd

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Comment by IqaluitZenon Aug 12, 2016 8:55am

127 Views

Post# 25134732

RE:Confirmed Raymond James upgrades Blackberry to Outperform

Considering these guys have been negative about Blackberry for the last 3+ years; this is a huge vote of confidence. It also seems that this analyst upgrade is having a positive effect on the stock price in pre-market trading on the NASDAQ.

Looks like today is going to be a good day.
Most shorts have been covering lately, so this should convince many more to do the same now as well.

Chen has done a good job and it seems analysts are starting to finally agree.
(I wonder if Raymond James has been doing channel checks on DTEK50 sales, or whether they are basing this upgrade purely on Blackberry's increasing software revenue numbers).

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