Analyst updated coverage and new target really means this...they didn't even own the stock and are buying it here folks
no joke - I just finished reading "Confessions of a Wall Street analyst" and these are the games they play when they are "underinvested"
they place a weak target to make you say "oh well - might as well take profits since it's only going maybe 15% higher by yera end"
this is 100% being acquired today