This morning, Hudson Square downgraded shares of Blackberry (NASDAQ:BBRY) from hold to sell as the cash burn rates will eventually overwhelm the company. In the report, Hudson Square set a $5 price target. Shares of Blackberry were higher, despite the report, climbing 5.9% so far.
And Bank of America downgraded shares of Micron Technology (NASDAQ:MU) to an underperform rating as the consensus estimates might be unattainable. In the report, Bank of America set a price target of $19.50. Shares of Micron were lower by 3% following the report.
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