RE: RE: RE: Another analyst lowers estimates and So Mindreader, if the analyst opinions are worth nothing, why even post that they have reduced estimates?
Also, I agree every investor with the means should form a price target but many can't or won't and therefor wil react to the analyst estimates. So, in order to understand why the stock prices moves, it's necessary to know what the analysts are saying....that's really my main motivation for wanting to know the analyst price estimates.
Chi