Should We Think Against CLSA?

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CLSA has a sell call on Bharat             ForgeBSE -2.42 % Ltd. with a target price of Rs             655. The current market price of Bharat             Forge Ltd. is Rs             723.15. Time period given by analyst is year, when Bharat             Forge Ltd. price can reach defined target. The global brokerage firm slashed its 17-18 earnings per share ( EPS             ) estimates by 11 per cent on a weak export outlook.


Should we have to think opposite. This post is to how track the behavior post the news impact.
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