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. The price action on this downgrade is too extreme
Jefferies slashed price target today from $17 to $6.00. Cuts 2013 EPS outlook by nearly 25%. Cites stiff competition as the reason.
like as if there was no competition before? i believe this is way oversold.
Fundamentals havent changed much at all. What would Jefferies know that others wouldn't?
just a blurb to make noise I think. Great buy signal.
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