Blackberry's Visibility To Near-term Profitability Is Starting To Improve - Analyst Eyes Value-creation Strategies
BlackBerry(BB) Benzinga·2024-06-27 18:34
Loading...Loading...RBC Capital Markets analyst Paul Treiber reiterated the Sector Perform rating on BlackBerry Limited BB, with a price forecast of $3.BlackBerry’s first-quarter revenues of $144 million exceeded estimates, driven by a robust performance in its cybersecurity segment. BlackBerry’s cybersecurity revenue is expected to range between $82 million and $86 million in the second quarter.Check This Out: Why BlackBerry Shares Are Gaining ThursdayAccording to the analyst, visibility to near-term profi ...