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Trading Radar for 9/28: BlackBerry (BBRY), Actuant (ATU), Paychex (PAYX) Report

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MKM Partners Raises Price Target on BlackBerry (BBRY) Following 2Q Beat

September 29, 2016 10:46 AM EDT

MKM Partners reiterated a Neutral rating on BlackBerry (NASDAQ: BBRY), and raised the price target to $8.00 (from $7.50), following the company's 2Q earnings report. EPS came in better than expected at $0.00, compared to ($0.06) estimates. Total revenues came in at $352mn, compared to consensus estimates at $392mn.... More