analysts are full of crap, and overpaid. what are some analyst scams you’ve seen lately?

on feb 1, deutsche bank raised their AFRM price target from $11 to $18 after a month of upward momentum. price started at $16 that day.

AFRM popped 25% on Feb 2 to $22, and sold off. No other news that day.

Today, 8 days later, douche bank lowers AFRM price target from $18 to $12.

wtf. Did douche bank just scam traders? I bet douche bank offloaded all their bags to new bagholders.

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What is the purpose of analysts again? They're just gamblers with a salary.

They change their price targets whenever momentum goes their way. do they even use fundamentals?