RE:I just got a downgrade alert from $7 to $5Why did they downgrade Crew (and pretty much the rest of the sector)? It would require a 50% increase to reach the $7 target. At least now, it is closer to 10%. When Crew hits $5.50, they will increase the target to $6. They just chase the stock price...on the way down and up.
Dale, please release the 2024 outlook and the new plan.
upinmuskoka1 wrote: by National Bank
Not that I pay attention to what any scumbag analysts says because they are never right. But saying that the downward spiral on the share price will intensify as more downgrades start coming in.
We will most likely be hitting new 52 week lows by the end of the 1stqrt.
Like I said last week CREW just might be the PIPESTONE of 2024. A lowball buyer will swoop in and maybe offer a small premium that won’t even be close to the 52 week high.
Scary times indeed.