When BlackBerry reported fourth-quarter 2021 and full fiscal year results Tuesday, the company missed quarterly and full-year revenue estimates. According to Canaccord Genuity analyst T. Michael Walkley, the miss was “primarily driven by licensing headwinds due to ongoing negotiations for the sale of part of its mobile device patent portfolio.”
BlackBerry has been downgraded by stock analysts at Canaccord Genuity from a "hold" rating to a "sell" rating. , Michael Walkley from Canaccord downgraded BlackBerry with a price target of $10.00.
As we reported early this morning, John Chen, Executive Chairman and CEO of BlackBerry was joined by Canadian Prime Minister Justin Trudeau today to unveil the BlackBerry QNX Autonomous Vehicle Innovation Centre (AVIC).
The Bluetooth Special Interest Group (SIG) announced that its next release, coming late 2016 to early 2017, will be called Bluetooth 5 and will include significantly increased range, speed, and broadcast messaging capacity.
BlackBerryÃ¢â‚¬Ëœs stock had its Ã¢â‚¬Å“market performÃ¢â‚¬Â rating reiterated by Wells Fargo in a research report issued on Monday. They presently have a $7.62 target price on the companyÃ¢â‚¬â„¢s stock.
Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of LinkedIn breached their fiduciary duties in connection with the proposed sale of the Company to Microsoft.