RE: Deutsche Bank BUY increases 79223 Dec 2018 09:10
"Brokers just raise bike target prices to aid profits for their clients. It’s an illusion, just watch if you haven’t already."
Whilst there's no doubt an element of that, analysts calculate share prices against future (and current) fundamentals and there's a heck of a lot of research and calculations go into it, so I wouldn't be quite so dismissive
IMHO The issue is for me is more that the markets value is often irrational and factors in intangibles such as fear , greed, speculation etc