FBR Capital Markets Reiterates Underperform on BlackBerry Ahead of Expiration of Fairfax Agreement
October 09, 2013 at 11:26 AM EDT
In a report published Wednesday, FBR Capital Markets analyst Scott Thompson reiterated an Underperform rating and $8.00 price target on BlackBerry Ltd. (NASDAQ: BBRY ). In the report, FBR Capital Markets noted, “We expect shares of Blackberry to remain range-bound through the expiration of the tentative agreement with Fairfax. The