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To: JC Jaros who wrote (19541)9/10/1999 1:52:00 PM
From: Bob Kim  Respond to of 64865
 
It looks like they use this price target thing within a brokerage house to score the various analysts recommendations against each other.

Not necessarily. It's often a marketing thing: so-and-so analyst says to buy this stock and his price target is $100. The equity marketing people at Merrill like to have price targets, many of the analysts don't want to be pinned down.