Serenity slams Wall Street brokerage Bernstein: Not necessarily aligned with retail investor interests, more a reflection of its own stance

"White-haired stock guru" Serenity criticized Wall Street brokerage Bernstein on platform X, pointing out that Bernstein's bearish view on Kioxia and its prediction of a potential 50% drop in its stock price is "highly unreliable." The institution had previously given Intel a target price of only $36 in January of this year, while Intel's stock has now climbed to around $118, showing a clear deviation in its judgment.

Serenity added that investors should remain vigilant about institutional research reports aimed at retail investors, stating that such reports are not necessarily intended to help ordinary investors make sound decisions but may instead reflect the institution's own stance and its bets on market expectations.