Just wondering..seems like such a weird concept..how did banks just decide to rate companies and list a target price? And what made companies go along with this? Sounds like a major shift of power from the companies to Wall Street.
| +27 | How do we get as sharp as possible? | 11 | 1d |
| +15 | Best way to kill time? | 13 | 1d |
| +15 | Upselling yourself when you’re unqualified | 2 | 2d |
| +13 | How Are Cornell 7 / GC Members Affecting Your Bank or Firm? | 5 | 3d |
| +11 | Del | 2 | 17h |
| +10 | Alcoholism | 3 | 22h |
| 0 | Analyst Y1 - Messed up In First Week | 2 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Equity research -> DCF/comps for a target -> mgt comp tied to share price -> want to beat expectations to raise share price
ER provides a basic understanding of what a company might be worth and so that can be an unfortunate standard sometimes
I made 20% on SSNI today after earnings. You guys should buy so I can make more.
Just a bunch of chads dicking around, that's all.
Totam nihil tenetur et quisquam est. Accusamus sed eius non unde id. Voluptas a qui ut rerum nesciunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...