Citing SPH's inability to sustain growth organically after 2 years of declines.Target of $54
Merrill is the biggest joke on the planet. I can't believe BOA has kept that cesspool of a firm. I love when they downgrade. Its almost as good as hearing a Sell from Kramer.
Strange reaction to a downgrade. You wouldn't happen to have a link on you would you?
I received a research report from Merrill Lynch authored by thier analyst Gabe Moreen. It was published on 9/21.I did find a mention on the web but no details at http://www.theflyonthewall.com/permalinks/entry.php/SNDK;WFMI;SVNT;ID;NZ;SPHid1300830/SNDK;WFMI;SVNT;ID;NZ;SPH-On-The-Fly-Analysts-Downgrade-Summary-For the record I am long on SPH and am holding for the long term.
Boo-hoo! I'm in at 33/share... hurt my feelings at current price, or even $54!! I'm in for the divvy, as long as that holds, and I have no reason to feel it shouldn't.