Strong BlackBerry (BBRY) Sales Markedly Improve Supplier Visibility

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BlackBerry (BBRY) Long Term Prospects Dim Despite Possible Q1 Strength

June 17, 2013 7:56 AM EDT

Deutsche Bank today maintained a Hold rating on BlackBerry (NASDAQ: BBRY) with a price target of $8.00. Blackberry reports Q1 earnings on June 28th, and analyst Brian Modoff thinks Blackberry could surprise to the upside. However, Modoff is increasingly concerned about the company's long term prospects.

"Many investors will be focused on BB10 units, given its recent launch and the company's viability directly related to its success or failure. We have done a number of checks since the launch... More