BlackBerry shares are rising Monday after RBC Capital Markets raised its price target, highlighting a stronger start to the fiscal year.
BlackBerry Q1 revenue +26% to $152.9M, QNX development licenses at 8-quarter high; RBC doubles price target to $9. Automotive design wins validate embedded-OS positioning, but stock trades 112% premium vs auto-tech peers—valuation already reflects growth thesis.
BlackBerry Ltd (NYSE:BB) shares are moving higher on Monday.
RBC Capital Markets reported on Friday that it lifted its price target and highlighted a stronger-than-expected start to the fiscal year.
Here's what you should know.
BlackBerry stock is challenging resistance.
Why is BB stock breaking out?
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