Entries tagged "Ladenburg Thalmann analyst Richard X. Bove"
The success of some Wall Street analysts has long been measured by how much press they can garner from their stock predictions. In the late '90s, analysts famously tried to outdo each other by making outlandish tech stock predictions that helped inflate the by-now notorious dot-com bubble. Recall Merrill Lynch & Co. Internet analyst Henry Blodget, who became a celebrity by predicting Amazon.com Inc. would reach $400 a share, and that other dot-com stocks would attain amazing heights? For a time, it seemed like Blodget might be right. But, as an investigation pursued by then-New York State Attorney General...