I still don't get why the Street still don't see TEVA's spin and hammer MNTA every time TEVA come up with BS like that.
You can’t really blame today’s price action on the sell-side analysts (as you could, for instance with the sell-off last August—see #msg-52999229). Although there was a fairly wide divergence of opinion, the overall tenor from the sell-side analysts today was closer to neutral than outright negative, IMO.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”