You ever seen any of Macquaries price targets come to fruition? If I followed their last few research reports I would have ended up 30% down on the stocks they recommend. The only reason they recommend a stock to retail is to pump their holdings. Would you really put it past them to downgrade a stock so they can accumulate.
Here’s the link to a study done by Duke university on the performance of broker recommended stocks compared to the general market.
https://people.duke.edu/~charvey/Teaching/BA453_2006/Wooldridge_Performance_of_picks.pdf
”These quarterly and cumulative figures indicate that the recommended stocks for brokerage firms produced returns slightly below returns of the S&P 500, and were a little more volatile”
You ever seen any of Macquaries price targets come to fruition?...
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.53M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.7¢ | 1.4¢ | $434.5K | 28.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2992857 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1208258 | 3 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
1.5¢ |
Change
0.000 ( 9.38 %) |
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| Open | High | Low | Volume | ||
| 1.6¢ | 1.6¢ | 1.4¢ | 18351379 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| JRV (ASX) Chart |