Lets do a little math. First this report is on US LYSDY Which closed at 6.69 USD.
16% of 6.69 is $1.07 US or 0.77AUD. Todays price for LYC is 9.42 AUD +0.77 is 10.19.
For weeks before Q3 release the low estimate on this board was AUD 15. Many 20s and a few higher. So is not this estimate a real come down for LYC believers?
I question the author. Any one with any background in even basic math knows things like predicting stock price are only accurate to 1.5 or 2 significant digits 15.81 has 4 significant digits any prediction even a day out is unlikely to meet that accuracy. Also the post gives no time frame, which all estimate should include if it is for 2026. then I think it is very low. I would not post any thing like this even if it agreed with what I thought. Just way too unprofessional.
Further indication of Zacks quality is past reports. here is one from 3/3/2022
https://finance.yahoo.com/news/heres-why-trend-investors-love-135001380.htmlhere is one from 9/19/2021
https://finance.yahoo.com/news/heres-why-momentum-lynas-corp-125012969.htmlThey are slightly more professional than Simply Wall Street. but not much.
I know you said you do not care about report but then why did you publish it. These people do a report every 3 months so this is nothing new.
