TD Cowen upgrades BlackBerry to Buy on valuation
TD Cowen upgraded BlackBerry (BB) to Buy from Hold, citing the company’s low valuation and improvement in free cash flow generation. The firm underscored the potential of Internet of Things (IoT) growth — setting a target price of just $4 for the stock. In the video above, Market Domination hosts Josh Lipton and Seana Smith go more in detail about the upgrade. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Josh Lynch