Replies to post #5252 on NGL Energy Partners LP (NGL)

[jugs]

We have to be carefully focused when applying commentary coming from Market Realist. Very popular at Yahoo Finance, the analytical agency makes a lot of mistakes, often taking things for granted. In this instance, I copied and now paste the following except which will be found well along in the article:

NGL Energy Partners
On August 14, Stifel raised its target price for NGL Energy Partners (NGL) from $12 to $13. Of the six analysts covering NGL Energy Partners, one rated it as a “strong buy,” three rated it as a “buy,” and two rated it as a “hold.” The median target price for NGL Energy Partners is $15, which implies an upside potential of 16% from its current price of $12.95.

Obvious to us on this board is that there's a temporal scheme screw-up. And there decidedly is! The above may have applied back in August of 2018 but is not especially meaningful as of this moment. However, I'll betcha there's a whole lotta folks out there willing to ignore the obvious and sail on towards the happy sunset without nary a raised eyelid.

Notwithstanding, these articles are great, great fun for me and I'd assume most everyone here.