Knowing oil is correcting and speculation of a rate cut and inflation has peaked, Macquarie's note is the odd one out today, they have ignored the upside.
Comparing the Macquarie note issued 3 weeks ago and the Macquarie note today with its price target cut of almost 100%, that is due to Macquarie altering their valuing methodology, the cut seems to be designed to shock or stall this SP's rise.
Macquarie's timing altering their valuing methodology for this one in the last 3 weeks is also interesting.
MAP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
