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UPDATE: Deutsche Bank Downgrades BlackBerry to Sell Following In-Line Q4 Revenues
Monday, July 1, 2013 - 11:22am | 138In a report published Monday, Deutsche Bank analyst Brian Modoff downgraded the rating on BlackBerry (NASDAQ: BBRY) from Hold to Sell, and lowered the price target from $8.00 to $6.00. In the report, Deutsche Bank noted, “Blackberry announced Q4 revenues of $3.1 billion, in-line with our estimate...