How low can they go? These stock analysts are issuing $0 and $1 price targets
CNN
Wall Street analysts are typically — to quote an old REM song — shiny happy people. They don't often issue overly skeptical research reports on the companies they cover. And they tend not to ask executives tough questions on earnings calls, leaning toward a more "Great quarter, guys!" approach.
So when analysts do issue highly bearish coverage of companies, it's worth paying attention. And lately there have been a brave few who have dared to be more critical.
Loop Capital analyst Anthony Chukumba, for one, recently set a $1 target for shares of Bed Bath & Beyond (BBBY), the stock that enjoyed a dramatic rise and equally stunning fall last week after GameStop (GME) chairman Ryan Cohen decided to sell his stake in the home goods retailer.
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