Baird raised the firm’s price target on BlackBerry (BB) to $5 from $4 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results which beat estimates and provided inline guidance. Baird said the QNX future still appears bright.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BB:
- BlackBerry price target raised to $4.60 from $4.25 at Canaccord
- BlackBerry Exceeds Expectations in Q1 FY26 Results
- Closing Bell Movers: FedEx slips 5% after results and guidance
- BB Earnings: BlackBerry’s Stock Gains as Company Reports First Profit in Three Years
- BlackBerry Exceeds Q1 Fiscal 2026 Expectations, Achieves Profitability