Bombardier Inc. T.BBD.A

CIBC lowers target

[Luckyeleven]

To 36USD from 45USD. Not that it really matters as targets usually never accurate in either direction. Quite a big drop though.

[Shamhorish]

cibc lowered target from about cdn$58.00   to cdn 46.40 a drop of about 20% what was their reason?

[Luckyeleven]

They don't need a reason. Targets are sorta self fullfilling and since the price is in the tank they don't want to look like idiots. Like if the stock would hit their target they would raise it for no reason. You have to take analysts targets with a grain of salt and even then it's just a wild estimate in either direction like I said. 

[johnney]

you are right, they don,t need a reason, especially when markets are getting down, normal that they lowers their target!

[glory7]

Think the reason was Johney as he has completely ruined the board with such childhood stupidity and nobody cares anymore. A total fluckin idiot who tells his boyfriend he controls the stock, right Club?

[johnney]

Hey Pal, you came back to Earth now! You still think this is a great company, not with the reverse split, thet will take care of you also, stop Dreaming!!

[johnney]

I don't control the Board, A$$H, you got screwd by listening almost, not all of them on this Board' now you may see by yourself how it's working!

[johnney]

What is the reason, probally no reason, they find one, that's all, just like when Goldman-Sachs was saying that at $2.10 it was a buy, they were selling to some fishes here, or looked good when Martel bought 100K shares at $1.74, was nothing for him, cause he had stock options below $0.50, and probally sold them at those prices or higher! now this Management has voted themselves12.5M stock

[johnney]

It sure looks good, by lowering their target! Let's not forget here, that this is a New Bombardier Now!

[johnney]

This isn't good at all, especially after a R/S!

[Ichiforever]

It was already documented since thsi morning before the market opened, And bombardier up to 18.34% ** • Bombardier Inc : CIBC rduit son cours-cible de 45 36 $ CA afin de reflter le dclassement dans d'autres industries cycliques (c'est--dire les automobiles), bien que les perspectives court et moyen terme pour les avions d'affaires restent favorables. ** Don't worry, other