Research In Motion Ltd (BBRY) Will Beat The Street Next 2 Quarters, Says Analyst

Apparently riding the momentum of the Q10 and Q5 handsets – and with a couple of new devices  in the works for later this year and early next year – Misek gives a still pretty-bullish outlook for BlackBerry in the next calendar year. While analysts are generally expecting BlackBerry stock to trade at a P/E of 12 in 2014, Miske sees it rising to a P/E of 15. With that, Misek set a 12-month price target of $22 per share and gave the stock a buy rating.

What are your thoughts? Does Research In Motion Ltd (NASDAQ:BBRY) have the pieces in place to make its comeback as Misek predicts? Can the physical-keyboard smartphones save the company and keep it relevant? Give us your thoughts in the comments section below.

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