Ted,
And when necessary, it is our job to ask these people the tough questions and hold their feet to the fire.
Sometimes the questions don't have to be tough. Some good questions for Henry Blodget:
Given that you have the same 2-2 rating on them, do you really believe that MSFT and IVIL (or ATHM, ICGE, SFE, EWBX) have the same investment potential?
How do you reconcile the fact that your current rating on MSFT would have made it the absolute lowest rated stock in your coverage one year ago?
A few weeks ago you raised your price target on AOL from $62.50 to $65, after having previously dropped it from $90. Why did you drop it back to a midpoint $62.50 last week?
When you upgraded HOMS to a Buy rating a year ago you set a $110 price target, what is the status of that price target?
What is the status of your $100 price target on AMZN?
Time for people to take some responsibility for their actions and stop shooting the messengers, no?
Many times, CNBC is more than the messenger. Here's one example. Back in November, CNBC was highlighting that Merrill Lynch was reiterating its Buy rating on DELL and raising the price target to $42.
The bigger story was probably that the analyst had been belittled on Merrill Lynch's morning call. His ML colleagues were questioning why he kept a Buy rating on DELL. |
