Analysts: BlackBerry Giving Positive Vibes and 2 Other Analyst Notes To Know About
BlackBerry (NASDAQ:BBRY): BlackBerry checks show increased BB10 build plans, according to Jefferies. The firm conducted channel checks in Asia and found that build plans for BlackBerry’s BB10 have steadily increased since February. Monthly builds have increased, giving analysts confidence in above-consensus May and August quarter estimates. The firm keeps a Buy rating on the stock, along with a $22 price target.
Kodiak Oil & Gas (AMEX:KOG): Kodiak Oil & Gas shares should be bought on recent weakness, according to Oppenheimer. Kodiak announced lower-than-expected first quarter results, but Oppenheimer is confident in the company’s full-year guidance, and keeps an Outperform rating on shares.
Exxon Mobil (NYSE:XOM): The Exxon Mobil story is turning a corner, according to Cowen, which believes the company’s production profile will be at an inflection point over the next 12 months. The firm also sees upcoming catalysts, such as 5-7 percent/year cash distributions. It rates shares at Buy and with a $100 price target.
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