Ekso Bionics Holdings Inc (EKSO)

[Rhetorical]

I don't claim to understand the way the ratings/price target system works. It's probably 'trade secret' what they make their decisions on anyhow. The skeptical side of me thinks they just set good or bad targets to push it whichever way they want in the short term. I would love to see a good graph of the accuracy of analyst firms comparatively, I know individual analysts are ranked on their performance.

One day if remember correctly, a few months ago Ekso was reported (by a third party) to go from sell directly to buy at zacks, skipping over the middle hold. I checked there website a bunch after this happened, and I never saw it ever change off sell, so I don't know if they are always up to date or accurate when reported by a third party. Also Zacks used to have some sort of publicly available rank for EKSO - it was a red triangle saying it was rank 5, strong sell. Then for awhile it was rated 3 - HOLD. I don't know when this disappeared, but I don't see any public ranking available from Zacks on their website currently. I don't know whether it's standard protocol or if they are playing games, but since I have to guess: I chose not to trust analyst advice for the most part.

That being said, I think it's worth posting on here because many people do pay attention to analyst rankings. This 2.83 target and buy ranking from Zacks has been reported by multiple websites within the last couple days.