JP Morgan 15/09/2010 5 Downgrade to Underweight from Overweight - Reinstatement of Coverage $27.10 7.5%
Check this one out!
JP Morgan previously (pre-restriction) had predicted the SP to get as high as $35.84! They were a way off that price target as NAB was never close to it.
Now, (post-restriction) they have slapped a big downgrade to $27.10 rating NAB a sell!!
LOL
The current price is $25.22 so how can you have a price target of 27.10 yet recommend a sell while it is $2 cheaper than your price target?
They were wrong a few months back, and I reckon they will be proven wrong again.
it's official. the axa deal is dead, page-6
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11266 | $39.16 |
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|---|---|---|
| $39.21 | 3400 | 1 |
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