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>> BLACKBERRY Latest News

FEB 22, 2013 - MarketWatch

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Blackberry downgraded to sell by MKM Partners

NEW YORK (MarketWatch) -- BlackBerry was downgraded on Friday to a sell rating from neutral by MKM Partners, which cited a lower likelihood of success for the firm's latest product, the Blackberry 10. Analysts at the firm lowered their price target for the handheld device maker from $12 to $10 over the next 12-month period. MKM said their testing of Blackberry's new product and the observation of stalled momentum in the U.K. of the product lead to them lowering its targets. Analyst at the firm said there is an increased probability that the new Blackberry 10 would fail. The biggest ... Read More

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