Road Runner

The Solar Shuffle: Only the Best Will Do - JPM

I wish analysts would give a target price based on what they think the price should be in an average market, and not adjust it for the prevailing sentiment, bearish or bullish. That way I could get a better fundamental picture of the value of the stock instead of their "guess" as to where the economy and investor sentiment is going. But, if they did that, they would appear dumb sometimes, like now, for giving a target that is far from the actual price. Oversold and undersold conditions can last for years, which may be longer than an analyst’s career if he/she gives a price target based on average market conditions.