What would it take for US analysts to regain their credibility
The media has been having a field day with the subject of sell-side credibility – or the lack thereof, to be exact. Some of the attention is a byproduct of the ongoing deflation of net stock valuations, which has led to a great deal of finger-pointing. Not surprisingly, much of the anger is directed at the analysts who recommended the stocks now trading 90 percent below their target prices. Is it fair that analysts shoulder all the blame? No. And yes, the scarcity of articles taking the
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