Voting is over

Goldman Sachs Just Wants BlackBerry Stock at Cheaper Levels
7 august

Goldman Sachs downgraded BlackBerry stock and set an $8.50 price target. GS just wants the stock at cheaper levels.

BlackBerry benefits from the downgrade. The company is currently buying back $300,000 worth of shares daily.

Below: KEYone is Great. Better than Apple...but...where's the advertising for KEYone?


It is authorized to buy 33M shares. If the fair value of BBRY stock is $10 - $11/sh, then GS is helping it save around $50 million from the buyback program.

GS is downgrading BlackBerry to get the stock Cheap. Agree or disagree?

Agree: BBRY stock is worth more than $8.50. Buy.

Disagree: Avoid BBRY stock. Stock will fall from $9's to $8.50.

Answered:
14 people

Goldman Sachs Just Wants BlackBerry Stock at Cheaper Levels

Voting is over
Waiting for
the right answer
Agreed
10 people
Disagreed
4 people