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BlackBerry's stock gets a boost as analysts raise price targets despite financial challenges.
Canaccord Genuity Group raised BlackBerry's price target to $4.75 from $3.00, maintaining a "Hold" rating.
TD Securities upgraded the stock to a "Strong-Buy."
Despite recent financial challenges, including negative return on equity and net margin, BlackBerry, known for enterprise security, reported better-than-expected earnings.
The stock has a market cap of $2.55 billion and a P/E ratio of -19.85.
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Las acciones de BlackBerry reciben un impulso a medida que los analistas elevan los objetivos de precios a pesar de los retos financieros.