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Enter Symbol:
 
Blackberry (BBRY) [hlAlert]

Rating:
Sector Underperform
BBRY
down 44.68 %

Blackberry (BBRY) downgraded to Sector Underperform with price target $5 by CIBC Wrld Mkts

Posted on: Tuesday,  Nov 5, 2013  8:25 AM ET by CIBC Wrld Mkts

CIBC Wrld Mkts rated Sector Underperform Blackberry (NASDAQ: BBRY) on 11/05/2013. Previously CIBC Wrld Mkts rated Sector Outperform Blackberry (NASDAQ: BBRY) on
11/26/2012., when the stock price was $12.04. Since then, Blackberry has lost 44.68% as of 11/05/2013's recent price of $6.66.
If you would have followed the previous CIBC Wrld Mkts's recommendation on BBRY, you would have lost 44.68% of your investment in 344 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.

CIBC World Markets strives to deliver leading edge investment research to investing clients through our multi-faceted, firm-wide research product offering. Our research has consistently been recognized as a top research source for its breadth of coverage, industry knowledge and quality of work in generating profitable and timely investment ideas. We provide in-depth coverage for all of the major sectors of the Canadian economy and select coverage of U.S. companies. Our analytical teams remain committed to identifying trends early and developing exploitable investment opportunities across the market capitalization spectrum. With the continued growth in quantitative and computerized investing strategies, we have also developed leading edge quantitative and technical research products to partner with our fundamental approach. Our products are available through several automated avenues: email, website, and third-party market vendors. Client service is our driving force and we constantly advance in offering greater product customization options.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2013 8:25 AM Sell
None
6.66 5.00
as of 12/13/2013
1 Week down  -0.51 %
1 Month up  9.35 %
3 Months down  -23.95 %
1 YTD down  -32.63 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/26/2012 8:25 AM Buy
None
12.04
4/3/2009 8:25 AM Buy
None
58.93

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