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Yes, analyst reports need to be analysed and not taken at face...

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    lightbulb Created with Sketch. 331
    Yes, analyst reports need to be analysed and not taken at face value. That blue sky case is worrying. 

    Morningstar are terrible. It's as though they believe every stock should have the same PE and they base their recommendation on a profit forecast and that PE. 
    I consider Morningstar as noise.
 
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