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Serenity Slams Wall Street Brokerage Bernstein: Not Necessarily Aligned with Retail Investors' Interests, More a Reflection of Its Own Stance

2026-06-17 06:41

Odaily "White-Haired Stock God" Serenity posted on X platform, slamming Wall Street brokerage Bernstein, pointing out that Bernstein's bearish view on Kioxia and prediction that its stock price could fall by 50% is "highly unreliable." The institution had previously given Intel Corporation a target price of only $36 in January this year, while Intel's stock price has now risen to around $118, showing a clear deviation in judgment.

Serenity added that investors should remain vigilant regarding institutional research reports released for the general public, stating that such reports are not necessarily intended to help ordinary investors make correct decisions, but may instead reflect the institution's own stance and market expectation gamesmanship.

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