BlackBerry Limited (BB)

[chaostrader]

ON POINT "BlackBerry has set a target of $500mn in Software segment revenues for FY16(Feb), up from $250mn in FY15We expect it to fall well short of that target and model revenues of $426mn, for two reasons.

First, our surveys show very low buying intentions for BlackBerry’s EMM solution.

Second, its target implies that it would leapfrog the market leaders in just one year, which we view as unlikely given the competitors’ much better traction "