Excellent post kentstate...Their 12 month target on 11/5/07 was $64. Then on 12/12/07 they raised it to $68...and as you posted, in their latest bit of wisdom, they lowered to $61. I don't understand their logic in light of the strong conference call just ended. Did they even listen?
Looks like they are trying to justify the cost of their research by constantly revising price targets.