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Why BlackBerry Stock Flopped on Friday


A fairly tepid analyst note helped spur a sell-off of (NYSE: BB) stock on Friday. The company, still working to pivot from its salad days as a pre-smartphone communications device powerhouse, saw its share price erode by more than 5% as a result. That compared unfavorably to the performance of the S 500 (SNPINDEX: ^GSPC), which flatlined on the day.

That prognosticator was Daniel Chan of TD Cowen, who after market close on Thursday resumed his coverage of BlackBerry stock. Unfortunately for the tech company and its investors, he did so with only a neutral recommendation, setting a price target of $5 per share.

Image source: Getty Images.

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Source Fool.com

Toronto-Dominion Bank Stock

€107.48
0.430%
The Toronto-Dominion Bank stock is trending slightly upwards today, with an increase of €0.46 (0.430%) compared to yesterday's price.
Currently there is a rather positive sentiment for Toronto-Dominion Bank with 4 Buy predictions and 1 Sell predictions.
With a target price of 133 € there is a positive potential of 23.74% for Toronto-Dominion Bank compared to the current price of 107.48 €.
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