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Analysts at Morgan Stanley downgraded BlackBerry
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.
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