Breaking: Stock analysts don’t know shit about fuck via /r/wallstreetbets #stocks #wallstreetbets #investing


Breaking: Stock analysts don’t know shit about fuck

“Anderson is the second analyst to turn bearish on Bed Bath & Beyond in the past week. Of the 19 analysts surveyed by FactSet, 11 now have the equivalent of sell ratings on the stock. Only one analyst is bullish and the other seven are neutral. The average stock price target is $3.49, implying 86% downside from current levels.

Also read: Bed Bath & Beyond stock snaps longest win streak in 15 years after Baird analyst suggests it’s time to sell.

Short interest, or the number of bearish bets on the stock, represented 47.2% of the public float, or shares available for the public to trade, according to the latest exchange data. That compares with 23.5% for GameStop and 18.4% for AMC.

Bed Bath & Beyond shares have advanced 73.1% year to date but have lost 8.3% over the past 12 months. In comparison, the SPDR S&P Retail exchange-traded fund (XRT) has tumbled 22.7% over the past year and the S&P 500 index has slipped 4.1%. “

-Tomi Kilgore

Submitted August 16, 2022 at 06:58PM by IAmHitlersWetDream
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