$AKBA why my broker forecast this as “very bearish”? But everyone else is saying how this will fly tomorrow? Who should I trust?
@SilverSkyLL I don't put much weight on analyst ratings, but would recommend checking Market Beat, since at least you can see the source, date, and history of the price targets. It's a little bit of a mix, but only one analyst in their list is actually calling for a PT lower than current stock price. PS: Cantor Fitzgerald (and likely HC Wainwright) generally aren't trustworthy 👉 Cantor was the company hired on to potentially sell up to $100m worth of shares! Doesn't mean their PT can't be hit though, in fact they're trying to help make it happen.