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Fly News Breaks for September 29, 2016
BBRY
Sep 29, 2016 | 06:16 EDT
Macquarie analyst Gus Papageorgiou upgraded BlackBerry to Neutral and raised its price target to $8.50 from $7 as a result of the company exiting the handset business and the reducing in financial resources needed. He expects operations to stabilize and profitability to return next year.
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