I do not treat analyst upgrades and downgrades as direct buy or sell signals. What matters to me is why the rating changed, especially whether it is fundamentals or valuation. A good company can still be a poor investment if too much optimism is already priced in.

$Netflix(NFLX)$ and $Target(TGT)$ stand out to me because both show how better risk-reward can emerge when expectations become more reasonable. $Moderna, Inc.(MRNA)$ is a good reminder that strong prospects do not always make a stock attractive at its current valuation.

I will continue doing my own homework rather than blindly following Wall Street. Analyst views are useful as another data point, but I prefer combining them with fundamentals, charts and my long-term thesis.

@TigerStars @Tiger_comments @Tiger_SG @TigerClub @WallStreet_Tiger

# 💰Stocks to watch today?(7 October)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment(2)

  • Top
  • Latest
  • zookee
    ·10-06 08:42
    TOP
    25x forward PE makes the setup way cleaner for Netflix now, that rerating matters more than the headline upgrade
    Reply
    Report
    Fold Replies
    • Shyon: 
      Agree with your POV
      10-06 10:15
      Reply
      Report