I work for a publically listed company and I have read some analysts reports for the company I work for, and they are so off the mark as to be not funny.
Why would they be any different to other companies. I can remember the analysts saying FMG was a buy at $12.
I learnt long ago to do DYOR
I have come to the conclusion that the analyst reports are based on what they believe and then they twist the numbers to get the outcome they want.
HT1
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