BlackBerry is not a favorite of the Wall Street analysts who cover the company. According to Bloomberg, 33 of them are covering the stock with only four of them putting a "Buy" rating on the company. Ten are suggesting that clients "Hold" the shares while ten are telling their clients to "Sell" the stock. Target prices over the next 12 months range from a low of $5 to a high of $14. The stock closed Friday at $9.80. Takeover rumors have propped up BlackBerry's value with Microsoft rumored to be prepping a $7 billion bid for the company. That would work out to a price of $13.23 a share.
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/ Morgan Stanley rates BlackBerry's shares as an "underperformer", says MDM market is mature
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