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Morgan Stanley Downgrades BlackBerry To Underweight

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Courtesy of Benzinga.

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Analysts at Morgan Stanley downgraded BlackBerry (NASDAQ: BBRY) from Equal-weight to Underweight.

The price target for BlackBerry is set to $7.

BlackBerry shares have gained 76.97% over the past 52 weeks, while the S&P 500 index has surged 15.18% in the same period.

BlackBerry’s shares dropped 5.39% to $10.18 in pre-market trading.

Latest Ratings for BBRY

Date Firm Action From To
Nov 2014 Morgan Stanley Downgrades Equal-weight Underweight
Nov 2014 Cormark Securities Upgrades Market Perform Speculative Buy
Oct 2014 Imperial Capital Initiates Coverage on Inline

View More Analyst Ratings for BBRY
View the Latest Analyst Ratings

Posted-In: Morgan StanleyDowngrades Analyst Ratings

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