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Fly News Breaks for August 7, 2017
BBRY
Aug 7, 2017 | 08:41 EDT
Goldman analyst Gabriela Borges reinstated BlackBerry with a Sell and a $8.50 price target. The analyst said shares have already re-rated this year and believes the auto business is unlikely to ramp meaningfully until 2019, and sees risk to second half 2018 estimates due to increased Enterprise Mobility competition.
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