
Scotiabank sees a sale or partnership as more likely than BlackBerry going private
Today I had a read through a report from Gus Papageorgiou from Scotiabank. On the back of the announcement of a special committee to explore strategic alternatives, he raised his target price on the stock. His new target is $14.20, up from $12.50 previously. In his report, he comments on the higher probability of a sale of the company or a strategic partnership versus a going private...