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The Worthlessness of Analysts

by shahid hussain on Wednesday, March 18, 2009,

One analyst has downgraded Bank of America to a sell. The median recommendation is a 2.5 on a scale of 5 with 5 being sell.The median recommendation for Citigroup is 3.1 on a scale of 5 with 5 being sell.And to think these people still go on TV and make recommendations.


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