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Goldman Sachs Downgrades BlackBerry To Sell, Notes Turnaround Efforts Reaching A 'Challenging Phase'
Monday, March 9, 2015 - 10:47am | 236In a report published Sunday, Goldman Sachs analyst Simona Jankowski downgraded shares of BlackBerry Ltd (NASDAQ: BBRY) to Sell from Neutral with a price target lowered to $9 from a previous $10 as the company's turnaround efforts shift from cutting costs to drive revenues –- a more "challenging"...