Goldman Sachs downgrades Blackberry to ‘sell’

Goldman Sachs downgrades Blackberry to ‘sell’

Goldman Sachs downgrades Blackberry to ‘sell’ 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.