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Corrections Corporation of America Message Board

  • berryrus1982 berryrus1982 Aug 7, 2007 12:40 PM Flag

    All 5 analysts have it as overweight

    So there will not be upgrade, but its not neccesseraly bad for a 3bil dollar company. Its bad when out of 30 analysts there is no one bearish. But if its only 5 its gota be good. Analysts here been pretty accurate so far.

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    • If you believe the Lehman number of $1.40.....you have a stock selling at 19x earnings....growing at 27% over the next 12 months....if you think the p/e can get back to 27-30x then you should have a $35-$40 stock next year.

      If you read the earnings release....the business is doing great. Be Bullish not bearish on CCA.

 
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