I was wondering if someone could shed light on what analyst target prices for a stock mean. Specifically, I find it quite surprising that a lot of analysts raise the target price significantly once the stock surpasses their target level. Is this a delayed response (I should have raised it earlier but was too lazy to do so, just woke up), an acceptance of their failure (Oops. My bad) or one-upmanship (U can try but u can't catch me
But it is still true that "if the U.S. sneezes then the rest of the world gets a cold," right? If that is true, then a global recession will start to set in soon after the U.S. recession that is expected to happen in 1Q 2007.
Stimit Oak raises an interesting question esp when 1 common reason cited for taking a public company private (the other being Sarbox) is that they don't have to live up to artificial quarterly expectations. So "significantly raise" needs further scrutiny IMO.
I am surprised that shipments to Asia are making up for any shortfall in US domestic deliveries. I have the Roach picture of the imbalanced economy and seriously imbalanced consumer --which accounts for that surprise.
So that savings glut that BB is so fond of has dissipated and those Asian consumers are splurging? (You see how hard it is to get over my surprise) The raw materials and capital goods leaving our ports (in the dead of night maybe) are all FedEx packages?
Among those ASEAN countries FedEx is a big company?
Nope, gotta go with those insiders...
"FedEx's international business continues to grow and in a down-volume domestic environment, they produced the best operating margins they've ever produced."
I have a friend who is a pilot for 'brown'... flies the HK or Shanghai to Chicago, Detroit or Minneapolis routes - varies. He is VERY busy.
I was wondering if someone could shed light on what analyst target prices for a stock mean. Specifically, I find it quite surprising that a lot of analysts raise the target price significantly once the stock surpasses their target level. Is this a delayed response (I should have raised it earlier but was too lazy to do so, just woke up), an acceptance of their failure (Oops. My bad) or one-upmanship (U can try but u can't catch me
Re: International markets doing well
But it is still true that "if the U.S. sneezes then the rest of the world gets a cold," right? If that is true, then a global recession will start to set in soon after the U.S. recession that is expected to happen in 1Q 2007.
What would be the lag time on that?
Stimit Oak raises an interesting question esp when 1 common reason cited for taking a public company private (the other being Sarbox) is that they don't have to live up to artificial quarterly expectations. So "significantly raise" needs further scrutiny IMO.
I am surprised that shipments to Asia are making up for any shortfall in US domestic deliveries. I have the Roach picture of the imbalanced economy and seriously imbalanced consumer --which accounts for that surprise.
So that savings glut that BB is so fond of has dissipated and those Asian consumers are splurging? (You see how hard it is to get over my surprise) The raw materials and capital goods leaving our ports (in the dead of night maybe) are all FedEx packages?
Among those ASEAN countries FedEx is a big company?
Nope, gotta go with those insiders...
"FedEx's international business continues to grow and in a down-volume domestic environment, they produced the best operating margins they've ever produced."
I have a friend who is a pilot for 'brown'... flies the HK or Shanghai to Chicago, Detroit or Minneapolis routes - varies. He is VERY busy.