Can anyone explain this from Forbes this morning:
"Amgen (AMGN) was downgraded by Credit Suisse (CS) to neutral from outperform with a price target of $90, as the stock is pricing in lower agency costs.
I can help you. Analysts are one of the primary reasons the USA dove into the financial toilet bringing the globe along with it. Analysts give out ratings to anyone who can reach the doorbell and anyone else who would listen to them. Analysts are parasites!