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  • Citi upgrades Seagate (STX +0.6%) and Western Digital (WDC +0.2%) to Neutral, and in doing so lets the hard drive makers avoid the general selloff taking place in PC-exposed names following Microsoft's FQ4 miss, which was accompanied by poor Windows OEM sales figures and guidance. Citi downgraded STX and WDC to Sell on Oct. 12, 2012; they've had a good run since. [View news story]
    I remember the days when Shearson Lehman was around. A friend who worked there told me that when they wanted to get an important client into a stock, they would recommend a sell on that stock....and when they had to get them out, they would recommend a buy. Don't trust anything these clowns say. Track the analyst by name, not by company and do your own homework. Many analysts are independent and some of them get it right.
    Jul 19 01:39 PM | Likes Like |Link to Comment
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