Analyst Antics: Sigma Designs Remains As Strange As It Gets

From the "gotta love it" department: In a report reiterating his "buy" and $34 stock target on Sigma Designs (SIGM), saying that he "expects" a strong quarter and guidance, analyst Jeff Schreiner of American Technology Research tells investors how the stock should trade based on three different sets of guidance provided in April by management.

He then cut his own revenue guidance for the quarter and year.

As I wrote a few months back, Sigma remains as strange as it gets.