BlackBerry Ltd is trading 4.4% up at $10.14, extending a sharp multi-day rally fueled by optimism around its software pivot and QNX growth.
- CIBC Capital Markets recently raised its price target to US$8.50 with an Outperform rating, helping spark an 18% surge in previous sessions.
- Bullish sentiment is further sustained by a renewed share buyback program and positive headlines regarding the company's software transition.