Wells Fargo and Jefferies do their best to defend BlackBerry (BBRY -3.6%) as shares fall due to...

|About: BlackBerry Ltd. (BBRY)|By:, SA News Editor
Wells Fargo and Jefferies do their best to defend BlackBerry (BBRY -3.6%) as shares fall due to Goldman's downgrade and reports of a soft AT&T Z10 launch. "We think demand is slightly better than our very modest expectations," writes Jefferies' Peter Misek after conducting checks at 30+ stores. He adds Z10 interest from AT&T's business channels is healthy, and that checks indicate Verizon's business sales are strong. Wells Fargo's Maynard Um says he thinks Z10 sales to BlackBerry's installed base remain solid.