J jnorty Sep 18, 2009 #1 If a stock goes from $10-$60 the analysts instead of downgrading on valuation they just keep raising tgt just like 1999. pump it baby till it crashes
If a stock goes from $10-$60 the analysts instead of downgrading on valuation they just keep raising tgt just like 1999. pump it baby till it crashes
M makloda Sep 18, 2009 #2 Analysts hate to downgrade stocks as they go up. The downgrades will come after stocks peak out and drop 30% or so.
Analysts hate to downgrade stocks as they go up. The downgrades will come after stocks peak out and drop 30% or so.
K Kassz007 Sep 18, 2009 #3 Analysts work for firms. Firms have certain securities on their "buy list". You will rarely see a sell recommendation from an analyst whose firm has that security on their "buy list". If they want to keep their job that is.
Analysts work for firms. Firms have certain securities on their "buy list". You will rarely see a sell recommendation from an analyst whose firm has that security on their "buy list". If they want to keep their job that is.
