Analyst Insists BlackBerry is Not a Good PE Target
August 13, 2013 at 13:17 PM EDT
MKM Partners' Michael Genovese is following suit with seemingly a large portion of the Street's sell-side analysts Tuesday, suggesting BlackBerry (NASDAQ: BBRY ) is not a good private-equity candidate. The analyst noted several concerning fundamental bullet points including Handsets which will likely continue to lose money amid declining volumes