BUZZ-BlackBerry Ltd: Set to open at lowest in more than a month
** Smartphone maker's U.S.-listed shares down 5 pct at $6.65 premarket; Set to open at lowest in more than a month
** RBC cuts PT to $7 from $8, MKM Partners cuts PT to $7.50 from $8.50; Median PT $7.50
** "We see hardware as essentially worthless, and we continue to question management's decision to stay in this business," analysts at MKM Partners said in a note
** Company reported Q1 net loss of $670 mln, or $1.28 cents a share, which reflected a $501 mln writedown on the value of the handset business and other charges, on Thursday
** Up to Thursday's close, company's TSX listed shares fell 18.9 pct; NASDAQ listed shares fell 20.7 pct over the last 12 months
© Thomson Reuters 2017 All rights reserved.