Aug. 7 at 9:15 PM
$CCOI is trading weak around
$9.92 right now!
$CDE is trading strong around
$17.39 right now!
KeyBanc slashed CCOI target to
$15 from
$25, Wells Fargo cut to
$14; meanwhile, Scotiabank lowered CDE to
$26.50 and Roth trimmed to
$19.
With analysts stacking up target cuts, avoid catching falling knives blindly and wait for confirmed volume support!
Are these target cuts creating a golden dip-buying opportunity or a trap?