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Serenity harshly criticized the Wall Street brokerage firm Bernstein, stating that its interests may not align with those of retail investors and that its views largely reflect its own stance.
Svmuu News: Serenity, known as the “White-Haired Stock Guru,” posted on X to harshly criticize Wall Street brokerage firm Bernstein, stating that Bernstein’s bearish view on Kioxia—and its prediction that the stock price could fall by 50%—is “highly unreliable.”The firm had previously set a target price of just $36 for Intel in January of this year, whereas Intel’s stock price has now risen to around $118, indicating a clear discrepancy in their assessment. Serenity added that investors should remain cautious about institutional research reports released to retail investors, noting that such reports are not necessarily intended to help ordinary investors make sound decisions but may instead reflect the institutions’ own positions and the interplay of market expectations.
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