This thread is to track analysts and their price targets.
Please put in the analyst, brokerage, date of target, target price, current price of the stock. Eventually, we will be able track the performance of a house, analyst, or stock.
First post will serve as an example.
This thread was dedicated to Lehman Brothers who put a $100 near term target on KOREA when it was in the $60s only to see it drop in the $40.
"The SEC chairman also warned investors to be wary of recommendations from Wall Street analysts, who increasingly have financial incentives to make positive comments about companies. Many of the analysts' firms have, or are seeking, investment-banking relationships with the companies under review, Levitt said. ``You can imagine how unpopular an analyst would be who downgrades his firm's best client,' Levitt said.
An investor who asked if selling short was bad.
``No, absolutely not,' said Levitt. ``It's a stability
factor. It adds liquidity.'
The chairman's old-fashioned investment advice was echoed recently by Princeton University economics professor Burton G. Malkiel in an article that examined stock-market history. ``Occasionally, groups of stocks associated with new technologies get caught in a speculative bubble, and it appears that the sky is the limit,' Malkiel, author of the book ``A Random Walk Down Wall Street,' wrote in the New York Times. ``But in each case, the laws of financial gravity prevail and market prices eventually correct.'
This was article posted on a few threads, but the original link was missing.
Jack |
