All these analyst firms are in cohoots with hedge funds and none of the upgrades/downgrades mean a damn thing when a few chosen powerful banks, etc can make a market at will via computer flash trading programmes and probing software to steal from any retail investors.
There is no "investing" left and unless the SEC does its job and accountability returns again and integrity restored, there will be fewer & fewer retail investors which is what cnbc goes ond daily about being needed back in markets- because the markets are broken and frought with fraud and corruption and everyone sees this... News means nothing nor do earnings any longer as sheer manipulation occurs and most of it always surrounded around analysts upgrades/downgrades for any given stock.
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