Analysts: BlackBerry Poised For Low Gross Margins and 2 Other Analyst Notes to Check Out

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BlackBerry (NASDAQ:BBRY): Citing lower-than-expected gross margins, Credit Suisse reiterated its Underperform rating with a $10 price target, after the company’s annual filing revealed that most of its gross margin improvement was due to lower levels of amortization. Credit Suisse had already expected a significant decrease in services margins given its major business model change, and still expects a miss in consensus estimates.

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