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Yesterday, Bank of America canceled its buy recommendation for AMD and significantly lowered its price target from 180$ to 155$. Just for your information.
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@Alfred16 What banks or analysts say is as irrelevant as a cowpat. When the share price reaches 300, they raise the target to 400.
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@Alfred16 Very good, may still fall a little more. In the meantime, I have the feeling that the Amalysts are deliberately depressing the prices and can then collect them again at a lower price.
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@BamBamInvest exactly the same with HIMS. Hardly corrected and Amazon does not offer individual meds, immediately from buy to sell :D
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@Konstantin85 yes, they probably want to get in a little cheaper 😂, the price targets are diced anyway, much more important is the content, why they give a sell rating. It usually makes sense to read this to form your own opinion.
@BamBamInvest Yes, in any case. After the crash, BlackRock doubled its position 😅 The only reason was that Amazon could allegedly grab market share.
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@BamBamInvest You're absolutely right, of course.