After careful analysis of several factors that seem to affect share price of companies traded in the stock market, we have decided to make a forecast on some companies based on hope and coin tosses:
Incyte (ticker: INCY) - upgrade - new price target : $ 24 by December 17, 2011.
Nokia ADR (ticker: NOK) - upgrade - new price target - $ 10 by January 31, 2012.
Tata Motors (ADR) (ticker: TTM) - neutral to downgrade - price target - $ 18.50 by November 16, 2011 then eventually rising to $ 26 by March 1, 2012.
Medicines Company (ticker: MDCO) - new price target - $ 24.50 by December 30, 2011
All price and time forecasts are based on a healthy expected rate of return on investments held by me. There is no guarantee these stocks will behave as predicted, but if they did, I would be very happy and somewhat profitable! This is not a recommendation to buy or sell these stocks and definitely not a recommendation to short any of these.
Incyte (ticker: INCY) - upgrade - new price target : $ 24 by December 17, 2011.
Nokia ADR (ticker: NOK) - upgrade - new price target - $ 10 by January 31, 2012.
Tata Motors (ADR) (ticker: TTM) - neutral to downgrade - price target - $ 18.50 by November 16, 2011 then eventually rising to $ 26 by March 1, 2012.
Medicines Company (ticker: MDCO) - new price target - $ 24.50 by December 30, 2011
All price and time forecasts are based on a healthy expected rate of return on investments held by me. There is no guarantee these stocks will behave as predicted, but if they did, I would be very happy and somewhat profitable! This is not a recommendation to buy or sell these stocks and definitely not a recommendation to short any of these.
