Investment Bank Analysts Are Clueless And Incompetent
We discuss why investment bank analysts should never be listened to regarding any stock recommendations from the buy or sell side perspective; they join the long list of incompetence that is anybody still working at an I-Bank these days. The XOM stock downgrade is just a little late, about a month behind the market.
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Wow, cool analysis. The analysts are either incompetent, Econmatters, or they are deliberately trying to get more mileage out of positions they have already taken. That is my conspiratorial take on it anyway.