Ann: Change in substantial holding from HHL, page-69

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  1. 1,829 Posts.
    lightbulb Created with Sketch. 76
    Let's hear it again for UBS (and indeed the vast majority of over-qualified and intellectually impotent stock analysts):

    " Target is raised to $50.40 from $34.00, capturing future potential cash flows and assuming a 72% probability of SIRFLOX being successful."

    The problem is that a lot of innocent people read this stuff and make investment decisions based on it. They could have been lucky and be seen as having great insight, luckily this has exposed their shallowness (at least to this audience).
 
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