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BlackBerry stock rises after RBC upgrades shares

Yahoo Finance Video

Yahoo Finance Live's Brian Sozzi discusses BlackBerry stock.

Video Transcript

BRIAN SOZZI: All right, switching gears here. Here is a rarity, folks, an upgrade on BlackBerry. Blackberry's stock has plunged about 40% since November. Yet, it's on the move following an upgrade to RBC to sector perform, says analyst [? Paul ?] [? Traver. ?] Valuation now more appropriately reflects the company's near-term fundamentals, opportunities, and potential risks. Do stick around. We'll be right back.