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Fly News Breaks for January 30, 2017
BBRY
Jan 30, 2017 | 07:32 EDT
Canaccord analyst T.Michael Walkley maintained his Hold rating on BlackBerry after attending the Blackberry Analyst Summit last week. He cited the uncertain long-term opportunity given its near-term challenges and ongoing stiff competition. He said the company must execute further on developing an enterprise sales channel to meaningfully accelerate software sales. Walkley lowered his price target to $7 from $7.50 on BlackBerry shares.
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