RE:RE:RE:Revised Targetsretiredcf wrote: You're seeing this happen with a multitude of companies. I think the analysts are as concerned about these markets as the rest of us so they are adopting a more conservative approach than normal. GLTA
Yes, but if they believe that the changing markets won't affect MDA, then moving their targets (by changing the "multiplier" is just self-fulfilling prophecy and going where the wind blows. The targets become much more like playing catch-up to the current price than illustrating that the market price doesn't reflect the true value of a business.