Saturday, January 12, 2008

MBI Price Target Lowered by 68%, But Still Rated a Buy

The folks at Bespoke can write a pretty snappy headline.
Do I smell Onion?
(of course, it helps to have the raw material)

One would think that if an analyst lowered the price target for a stock they cover by more than 68%, their outlook for the stock wouldn't be too rosy. Citigroup, however, thinks otherwise....MORE