Buzz before the earnings report says BlackBerry is on the rebound
So far, BlackBerry stock is up 25% in this calendar year, and some analysts are raising price targets for the company. Morgan Stanley analyst Ehud Gelblum is one who has raised his price target, and writes about BlackBerry:
It's not exactly a ringing endorsement, but forward progress is forward progress; and, it's about as good of news BlackBerry has gotten in a while. Gelblum has also upped his prediction for BlackBerry 10 devices sold in fiscal Q1 from 3 million to 3.5 million.
It's a long road ahead for BlackBerry, but even news like this is a step up from the "who's going to buy-out BlackBerry" talk from the past year or so.