Serenity sharply criticizes Wall Street brokerage firm Bernstein: it may not be aligned with the interests of retail investors and instead reflects the firm’s own position more than anything else

Golden Finance reports that the "White-Haired Stock God" Serenity posted on the X platform criticizing Wall Street broker Bernstein, stating that Bernstein's bearish view on Kioxia and prediction that its stock price could drop 50% is "very unreliable." The institution previously set a target price of only $36 for Intel in January of this year, while Intel's stock price has now risen to around $118, showing a clear bias in judgment.
Serenity added that investors should be cautious of institutional research reports aimed at retail investors, claiming that such reports are not necessarily intended to help ordinary investors make correct decisions, but may more reflect the institution's own stance and market expectations.
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