Serenity slams Wall Street brokerage firm Bernstein: It may not align with retail investors' interests, but rather reflect its own stance

Odaily, "White-Haired Stock Guru" Serenity has fiercely criticized Wall Street brokerage firm Bernstein on the X platform, 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 agency had previously only given Intel a target price of $36 in January of this year, while Intel's stock price has now risen to around $118, showing a significant deviation in judgment.

Serenity added that investors should be wary of institutional research reports published for retail investors, stating that such reports are not necessarily intended to help ordinary investors make the right decisions, but may instead reflect the institution's own interests and market expectation games.