Friday 22 March 2013

Six Flags Entertainment Corp (SIX) target price raised to $81.00 by B.Riley

Six Flags Entertainment Corp (SIX) target price raised to $81.00 by B.Riley

http://zolmax.com/stock-analysts-price-target-changes-for-march-22nd-cso-cxo-dre-etp-iag-mu-oge-qre-six-suss/51233/

This is ridiculous. Look at my comments>>>

Philipsays: March 22, 2013 at 8:16 pm
SIX FLAGS has a target price of $81.00? It sounds like that in May 2008 Goldman Sachs analysts’ forecast that oil would reach $200 within the next two years. God bless small investors.

Philipsays: March 23, 2013 at 2:01 am
Institutions are funny to publish so called target prices. Some calculation methodologies are highly subjective and even make no common sense. Sadly, many small investors trust such target prices just because they are published by institutes. Small investors should waste no time on such numbers if thy do not how calculated. Thinking independently would be more helpful.

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