Resolute Mining Target Price Cut 14% to A$1.20/Share by Macquarie
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Agree. Rule of Brokerage are simple. If company involve them in CR, they upgrade it and if companies does not, brokers down grade the stock (missing on massive commission has its comes with hefty penalty)Agree.
..Resolute Mining Price Target Raised 13% to A$2.60/Share by Macquarie
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Same Macquarie boys set target price of $2.60/share just three months back ? ? .
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Why change of heart ? Because Macquarie were involved in last CR ( & commission) but missed out on current CR hence down graded it to $1.20/Share
More weakness ahead.
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