Jefferies Up To Buy - before you run and buy the stock, this is the what you should know,
If you read the recommendation without using TipRanks Add-On, here are the statistics behind the analyst that did the upgrade (Peter Misek)
since 2009 he has an exact 50% success rate on his Buy/Sell ratings (29 out of 58 Buy/Sell outperformed the S&P500)
his average return on each recommendation yield -1% below the S&P500
basically following is equivalent to following a dice (even less).
Check out TipRanks.
Better than BMO's Tom Long at 27% or whatever, he downgraded to $9 last Friday; man, you've really got to work hard to do worse than chance. In either case, just adds creedence to the old adage, do your own DD. The thing about this guy and RIMM is that he was a real short stalwart, they quoted him like they were quoting Mao's little red book during China's brutal and tragic Cultural Revolution, like automatons. So his conversion is kind of like having Darth Vader come over to the light.