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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (6350)9/19/2002 8:06:23 PM
From: uu  Read Replies (1) | Respond to of 6531
 
Just for laugh!

02/26/01 – UBS Warburg cut its 12-month price target from $300 to $160, but maintained a rating. Stock closed at $63. 12 months later, the stock closed 45% lower at $34.65 or 78.4% below target.

02/19/02 – UBS Warburg ups stock from Hold to Buy and raises its price target to $50 (whatever happened to $300, and $160 target price?) Stock closed at $34.31

09/19/02 - UBS Warburg reiterates their Buy rating with a $25 price target (what happened to their $50 price target) and names BRCM as their exclusive recommendation semi stock!

Yes, they sell, and simpletons buy!

LOL