Quote:
Originally Posted by Wookie
Oilexco has been
swacked like everything else. But the analysts are currently
coming up with a wide variety of targets now.
Scotia Bank cuts their target from $18.00 to $6.25 today.
Meanwhile, CIBC has cut their target from $23.00 to
$10.00; Bank of Montreal from $25.00 to $12.00; Genuity
Capital from $29.00 to $8.00; Tristone from $22.00 to
$13.00 and Canaccord from $28.50 to $16.00. One of them might be right, but which one?
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The number that you will care about is going to be an average of what the analysts project. That will eventaully determine whether the company manages to "beat the street" or not.