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Getting It Wrong: Analysts Contribute to the Current Downturn

seekingalpha.com » 2008 » July » 4th » Getting It Wrong: Analysts Contribute to the Current Downturn

Tagged: csco, orcl, ibm, sap, eog, rimm, hpq, wm, cog, nbl, zion, zacks com

Zacks.com submits: Incorrect forecasts by brokerage analysts are contributing to the current downturn in the equity markets. Energy, finance and technology are the three biggest components of the large-cap index, and analysts have been constantly revising their estimates on oil and banking companies. Last week's miss by Research in Motion (RIMM) and cautious guidance by Oracle (ORCL) raised the … Continue Reading »

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