### Comment:
Most likely relative - aka fucking crystal ball type of analysis, relatively BS models

### REPLY:
I’ve seen Morgan Stanley ER analysts use models in their reports that determine current market price is a 50% premium on intrinsic with very optimistic expectations on the model, then disregard that and slap a big price target. They cite “company surprises.” 
  
 There are very few old school analysts that are public facing nowadays. It’s just like, yeah, that’s a good number, I’ll choose that one.

### END.