March 20, 2013 at 11:45 AM EDT
BlackBerry: Morgan Stanley Ups to Overweight; Less Burn in Devices Division
Shares of BlackBerry (BBRY) are up 73 cents, or 5%, at $15.76 after Morgan Stanley’s Ehud Gelblum raised his rating on the shares to Overweight from Underweight, while raising his price target to $22 from $10, writing that the smartphone division, while having zero value in his appraisal of the company’s worth, will nevertheless provide [...]
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