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BlackBerry price target lowered to $4.40 from $4.60 at Canaccord

Canaccord analyst Kingsley Crane lowered the firm’s price target on BlackBerry (BB) to $4.40 from $4.60 and keeps a Hold rating on the shares. The firm sid they reported a solid Q4 beating on all metrics including returning $25M cash to shareholders by repurchasing 6.7M shares during the quarter.

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