One analyst might actually be smart dowgrading at the top as opposed to upgrading at the top!
Brad,You obviously try to spin everything to your desire. When analysts upgrade, you say they do that becuase they want to dump shares. Using your logic, we should say when analysts downgrade, they want to back up their trucks to buy, right?But what did you just say about this HSBC downgrade?You just have no clues.;-]
Yeah, like the PiperJ analyst who downgraded at 30 last year..that was a really nice call..heheheWe're heading to 60..still undervaluedFY07 will be in the range of 1.80-1.90With a 32 PE multiple, we're looking at 58-61 PPS. Any surprise will be to the upside.
That's more wishful thinking. This stock will see 40 before it sees 60.
I notice none of the COH cheerleaders want to talk to you on this one Brad. I don't chime in often, but I think COH is ready to burst. I think this might be the beginning of the end.