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Post by yash on Sept 28, 2020 10:36:13 GMT -5
Noticed that in Yahoo Finance the MNKD ticker show 1y Target Est as N/A whereas checked other stocks they have the target Est. Very strange and never seen it before. Not sure whether it has any significance.. finance.yahoo.com/quote/MNKD?p=MNKD
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Post by matt on Sept 28, 2020 10:55:34 GMT -5
If you read the fine print you will see that Yahoo does not publish their own data, they buy data in bulk from various vendors and then republish it. The same is true of Google and Microsoft financial data; they are not the originator of the feeds. Yahoo says: - Financial statements, valuation ratios, market cap and shares outstanding data provided by Morningstar.
- Company profile data provided by S&P Global Market Intelligence.
- US equities and global index historical data and daily updates provided by Commodity Systems, Inc
- International historical chart data and daily updates provided by Morningstar.
- Analyst estimates, earnings, corporate, economic events, IPO, and insider transactions data provided by Refinitiv*.
- Top institutional and mutual fund holders provided by Vickers-stock.com.
- SEC Filings, primary financials, and insider transactions data is provided by EDGAR Online, a division of Donnelley Financial LLC.
- Sustainability data provided by Sustainalytics and Morningstar.
- Upgrades and downgrades provided by Benzinga.
- Corporate governance scores provided by Institutional Shareholder Services.
In turn most of those services use computer algorithms to publish their feeds; it is not like there is an experienced analyst that studies each stock and makes a forecast. Those services are available, but not for free. Lack of a forecast likely means that the algorithm did not have all the data points it needs to create an automated forecast, or that one of the data points was either negative (when a positive is expected) or zero (creating a mathematically meaningless divide by zero condition; computers don't like it when that happens).
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