BlackBerry upgraded to ‘Buy’ at Vetr, Inc.

 

ratingscrop

Graphic: Streetinsider.com

Despite Morgan Stanley’s James Faucette once again attempting to depress BBRY ahead of the E.R., other analysts that receive less press have a different opinion.

According to WKRB

Vetr upgraded shares of BlackBerry (NASDAQ:BBRY) from a hold rating to a buy rating in a research note released on Monday morning. They currently have $10.38 target price on the smartphone producer’s stock.

Analysts at Wells Fargo & Co. reiterated a market perform rating on shares of BlackBerry in a research note on Saturday, May 23rd. Analysts at Cowen and Company reiterated a market perform rating and set a $11.00 price target (up previously from $10.00) on shares of BlackBerry in a research note on Thursday, May 14th. Finally, analysts at MKM Partners upgraded shares of BlackBerry to a neutral rating and set a $10.00 price target on the stock in a research note on Tuesday, March 31st. Six analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $10.00.

 

So Morgan Stanley, who the media is highlighting with click bait titles such as BlackBerry Ltd (BBRY) Will Likely Miss FY16 Projections: Morgan Stanley is in the clear minority yet apparently the market has reacted negatively because of it, despite other analyst’s opinions. This is the effect of the FUD (fear uncertainty and doubt) tool that market manipulators use so well.

From the graphic above, it is clear that Morgan Stanley is in the minority in their opinion, in fact they stand pretty much alone with the lowest rating for BBRY.

untitled

Morgan Stanley’s James Faucette

Who’s zooming who Mr. Faucette? Your market manipulation is obvious.

 

Blackjack

I am a long time BlackBerry user and fan. Beginning with the 7520, I have recognized the value of subtle productivity enhancements in BlackBerry devices for business communication and have never since strayed. Even when the iPhone took the market by storm, I was unimpressed, because it did nothing to help my business needs. Currently enjoying my one handed dream phone, the Classic! BB10 with a toolbelt! Today I contribute to UTB whenever I feel that I can help enlighten someone on the benefits of using BlackBerry over any other platform.

  • BB10BC

    Ah, Mister FARTcette is at it again? This douche is actually getting paid to write the garbage he puts out there? Doesn’t say much for his employer and those that follow his predictions and act on his suggestions. I mean, would you go to a doctor that constantly misdiagnosed any issues you may have? Not likely! FARTcette didn’t get it right in a l

    • BB10BC

      *long time…

  • Anthony

    Turning on the Faucette when verbal diarrhea is needed. locco_smiley_39

  • shanerredflag

    In England he’s “the Douche of Earl” in Latin America he’s “El DoucheO'”….to the rest of us he’s just a paid shrill spineless ethicalless douche bag turd.

Top