The Globe and Mail reports in its Thursday, Feb. 15, edition that RBC Dominion Securities analyst Paul Treiber says BlackBerry has taken "a step in the right direction" with its $150-million profit improvement over the last two quarters (all figures U.S.). The Globe's David Leeder writes in the Eye On Equities column that while Mr. Treiber thinks that gain "reflects the right-sizing of the company and represents a shift toward a more sustainable and nimble operating structure," he also warns "more work is needed." Mr. Treiber, citing "low visibility to long-term revenue stabilization and positive operating margins," reduced his share target to $3 from $4. Analysts on average target the shares at $4.15. He rates the shares "sector perform." Mr. Treiber says in a note: "We believe investor sentiment is likely to remain low, considering the magnitude of historical revenue declines and lack of profitability at cybersecurity, reduced sentiment for auto-tech, and guided negative FCF for the next four quarters. ... In light of the challenges facing BlackBerry's cybersecurity business, we believe investor visibility to the stabilization in BlackBerry's revenue and path to sustained profitability remains low."