And why do they have jobs?
Ladenburg Thalmann analyst Richard Bove cut his price target for Morgan Stanley shares to $19 from $44. But, wait a second - Morgan Stanley is trading at $12.
1) Is Bove saying he expects MS to climb from $12 to $19 (over 50%)? Doubtful!
2) How low did the stock have to drop before he cut his ridiculous $44 target?
Why does any company have these bozos on staff? Do they think ANYbody listens to them? What is the point?
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