price target 12mths from shaw

Was chatting to a broker from Shaw and asked him to clarify the recent price target they published for clients of $100.

'The MBL price target is $100 in 12 months assuming a bullish market. The more realistic target is $90 if the market starts to plateau. With last night's US CPI figures and MBL staff shares coming out of escrow, there may be an opportunity to pick up the stock in the mid sixties over the next few days. Keep in mind that the stock goes ex in a couple of days, so you'll need to hold the stock for 45 days if you want to be entitled to franking credits but I guess if you're paying tax out of Germany so that's not applicable.'