Putting things into perspectiveThe Goldman analyst recommendation at $7.00 is dated June 18, 2018 and this is one of many others who reduced their target while Goldman didn't. I could not find if he changed his recommendation. I wouldn't base my position on a stock based on the analysts anyway. When I began to buy, most analysts were not recommending this stock. When I sold, most if not all were on the positive side (hold, outperform or buy), His recommendation was based on the following below, and so far, it"s two arguments were not met. People should read why an analyst recommend a stock instead of only saying that Goldman has a $7.00 target.
On another point, Goldman is a broker and we don't know what is its short position or buy positions since they also fill the orders of their clients. This is why I am not influenced about what Goldman will buy or sell.
One poster here said that people who don't own shares should not post. Wrong, everybody has a right to post and Bombardier could interest me if it drop further but really not now.
Translation by Bing below.
Reconnaissant le potentiel de croissance des avions d'affaires et des attentes leves pour les commandes de CSeries, l’analyste de Goldman Sachs a fix un objectif de cours 7 $. Recognizing the growth potential of business aircraft and high expectations for CSeries orders, Goldman Sachs analyst set a course goal at $7.