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Enter Symbol:
 
Blackberry (BBRY) [hlAlert]

Rating:
Underperform
BBRY
up 51.33 %

Blackberry (BBRY) downgraded to Underperform by Needham

Posted on: Monday,  Jul 1, 2013  9:25 AM ET by Needham

Needham rated Underperform Blackberry (NASDAQ: BBRY) on 07/01/2013, when the stock price was $10.20. Since then,
Blackberry has lost 33.92% as of 12/21/2015's recent price of $6.74.
If you would have followed this Needham's recommendation on BBRY, you would have gained 51.33% of your investment in 903 days.

RESEARCH IN MOTION is a world leader in the mobile communications market and has a history of developing breakthrough wireless solutions. RIM's portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry wireless platform, the RIM Wireless Handheld product line, software development tools, radio-modems and software/hardware licensing agreements.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/1/2013 9:25 AM Sell
None
10.20
as of 12/13/2013
1 Week down  -0.51 %
1 Month up  9.35 %
3 Months up  42.50 %
1 YTD up  42.05 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/1/2013 8:25 AM Sell
None
10.20
5/4/2011 2:25 PM Hold
None
47.38
10/5/2009 8:25 AM Buy
None
66.63 85.00
10/14/2008 8:25 AM Hold
None
67.35
7/16/2008 8:25 AM Sell
None
103.85
4/9/2008 8:25 AM Hold
None
120.48

(*) Stock Price at the time of the recommendation.
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