BlackBerry Ltd (NASDAQ:BBRY) shares fell today following a downgrade from Goldman Sachs.

Goldman Sachs analysts Simona Jankowski and Doug Clark dropped BlackBerry stock from a Neutral rating to a Sell rating on Monday. They also dropped their price target for the stock from $10 to $9. The analysts said they expect losses for BBRY to widen in the next few years, reports Financial Post.

Goldman Sachs is expecting BlackBerry to miss its revenue target for the fourth quarter of 2014 by 13%. It cited weak sales of handsets due to a delayed release for this prediction. The tech company just revealed a new smartphone last Tuesday that it hopes will catch the eye of young professionals, TheStreet notes.

BlackBerry’s last quarterly report was on Dec. 19, 2014. The company reported revenue of $793 million for its third quarter of 2014. This missed the $932 million in revenue that analysts were expecting from the company.

BBRY shares were down 6% as of Monday afternoon.

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