BOSTON ( TheStreet) -- Once, just once, I'd like to see an analyst admit to an error in judgment. Because, let's be honest, we can't always get it right, and it happens all the time.Case in point: Bank of America's Merrill Lynch brokerage yesterday cut its rating on Netflix to "neutral" and gave it an $80 price target. The rating change, from "buy," was made after the fact, following the company's disappointing third-quarter report, which led to a selloff in the shares of nearly 40%.
Analysts, Please Admit Your Mistakes -- Today's Outrage
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