Merrill Lynch updated today.Still a buy(poss. strong on...

  1. 706 Posts.
    Merrill Lynch updated today.
    Still a buy(poss. strong on Aegis).Target 29C.
    But very possitive if they sell car parts.


    I wasn't too worried whether it is strong buy or not but what happened with Aegis was:
    The CSFB reco was reaally underperform when Aegis was saying hold, then it was& is now hold but Aegis was still saying underperform.This would have helped their clients sell and then help their clients buy if they took thelow price generated because although the reco is hold it says in the explaination it is better than the market at 25c target when the trading was 21.5c.
 
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