Wall Street analysts are well-known shills, issuing only “Buy” and “Strong Buy” recommendations for their unsuspecting clients. The catastrophe SNAP is no exception, with analysts falling all over themselves to say what a great company it is;
You may notice the fellow at the top of the list had a target price of $31, which is over 100% higher than its current price. He made this “recommendation” in early June, apparently, and is uber-bullish on this piece of nothing. Only God knows what this guy is paid for ideas like this – seven figures, surely – but it just goes to show how useless these so-called professionals are.
