Didn't Ken of Evercore Partners first expose "questionable accounting" at GRPN. Something about lying to the street? Once the cat was out of the bag Ken dropped his price target to 3 from 11. So what is his target now?
Interesting thing about analyst, the tend to downgrade at the bottom and upgrade at the top. Remember all of the shouting from the roof tops for AAPL to $1000 when it was nearing $700? Once they all hate it, I'll be back into AAPL again too.