RE:RE:TCF fair value is .81 as per morning star nov 28How hard is it to grasp the Morningstar "fair value" is a consensus driven theoretical quantitative model term proprietary to m/s ? Guys on BNN like acker and Bolton spout this kind of "data" as "fact" all the time. There are services that rank the accuracy of the individual analysts in the m/s database if you're actually interested. There are even , for a very big fee , reports provided to the major brokerages houses as part (small part) of the annual bonus calculation, for each analyst, the whole team, sub groups eg " technology team" and it's all ranked side by each across all the competing brokerages.
DarylTheFrog wrote: Could you provide a example One whewre Morninstar has ever been right on any prediction of a stocks price.This is PUMPERFODDER