Wells Fargo Securities Advises Caution on BlackBerry Following News of Facebook/WhatsApp Deal

In a report published Thursday, Wells Fargo Securities analyst Maynard Um reiterated a Market Perform rating on BlackBerry (NASDAQ: BBRY ). In the report, Wells Fargo Securities noted, “With a potential sale of the company less likely in the near-term, we believe BBRY will likely look at other strategic alternatives