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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

03/07/18 at 2:38 PM CST

 

 

READ: 4

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

OT - CIEN

OT - CIEN - BMO raised their PT from $25 to $31, and reiterated an outperform rating. There was 1 other upgrade mentioned. There was also an analyst, obvious not a 'true believer' who raised the PT from $20 to $21 I believe. So far, it's a pretty good follow-through, given that the market has been beaten up today by Cohn's resignation. If Trump would just shut up, this market might revisit its highs. 

I fail to understand why INTC is breaking 52 week (and perhaps forever?) highs, given the challenges on many fronts. Not saying I don't like it, just saying I don't understand the unequivocal vote of confidence.

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