Investment bank Goldman Sachs has downgraded Blackberry from ‘neutral’ to ‘sell’ and shares in the Ontario firm fell almost 5 per cent in early trading.
Investment bank Goldman Sachs has downgraded Blackberry from ‘neutral’ to ‘sell’ and shares in the Ontario firm fell almost 5 per cent in early trading. Goldman expects that Blackberry will miss its fourth-quarter revenue targets by 13 per cent, with losses increasing in 2016 and 2017 rather than a return to profit.
