A retail investor criticizes Bernstein's analyst report predicting a 50% crash in Kioxia,
A retail investor criticizes Bernstein's analyst report predicting a 50% crash in Kioxia, citing their previous inaccurate $36 price target on Intel (now ~$118). The author advises ignoring such institutional reports.
“Bernstein is legit the dumbest analyst firm I’ve seen calling for a 50% crash in Kioxia. They gave $INTC a $36 PT back in Jan and now it’s $118. Good lesson to ignore institutional reports that get published for retail consumption. They’re not here to help retail investors.”Original post：X / @aleabitoreddit ↗