RE:RE:Eight Capital: Buy rating and C$12.00 target price for BRAGYou're correct in what you say about analyst price predictions. Analysts always have their own agenda. The shares are still up considerably in a month even if they go back to 7.50. The traders seem to be heading to the sidelines and are cutting their losses or taking their profits depending when they bought. Never buy a stock based on analyst ratings. Everyone should do their own due diligence.
The stock price will always fluctuate but research why it is. In this case it doesn't appear that it is company specific. In my opinion the long term investors will be well rewarded. GLTA