Yes true, but they are the experts that can disseminate macro market conditions. Surely the high dollar and lack of retail spending needed some external factoring.
What was Macquarie thinking assigning $7.64 as a target?
Hence why retail investors cannot trust anyone for financial/investment advice and why many are exiting the market. Today was an example that people have given up and at the bear minimum what to enjoy the Christmas break without this stress. More pain to come during January.
BBG Price at posting:
$1.62 Sentiment: None Disclosure: Not Held