Sotheby's was upgraded to buy from hold by TheStreet Ratings on Wednesday. TheStreet Ratings gives Sotheby's a B grade and $45.93 price target. The stock closed Thursday at $38.62 and is up 35.37% year to date.
Investors should consider factoring in goodwill when they are examining the value of a stock because it can often predict the outlook of a company, especially serial acquirers.
Morgan Stanley leads the banks, while Kirkland & Ellis tops the law firms.
Let's pull the band aid off the charts, carefully.