This is the most thorough write-up I’ve seen on the subject.
This analysts report is a joke. The guy's valuation target is so ridiculous. Earnings estimates collapse from $4.90 in 2010 to $3.20 and the guy takes his price target down from $110 to $100. What is he smoking?
Simply pathetic. Guy has had a huge buy on MON the whole time and his thesis about the company's fundamentals have been totally blown apart.
This is all about trying to save face with clients that he has bagged in this stock who can't unload the junk because they own so much of it.