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BlackBerry Limited (BB) PT Raised to $11.50 at MKM Partners Following 3Q

December 20, 2017 2:11 PM EST

MKM Partners raised its price target on BlackBerry Limited (NYSE: BB) to $11.50 (from $10.00) while maintaining a Neutral rating following the company's 3Q earnings report. Revenues came in at $235mn or $11mn above our forecasts. EPS of $0.03 came in better than ($0.01) forecasts.

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