UPDATE: Hudson Square Research Downgrades BlackBerry Following Disappointing Results
December 23, 2013 at 09:58 AM EST
In a report published Monday, Hudson Square Research analyst Daniel Ernst downgraded the rating on BlackBerry (NASDAQ: BBRY ) from Hold to Sell, but reiterated the $5.00 price target. In the report, Hudson Square Research noted, “On Friday 12/20 Blackberry reported significantly worse than expected results, while the shares rose