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Post-IPO analyst coverage consistently produces inflated, narrative-driven price targets that function as marketing scenarios rather than objective financial forecasts.

Impact: Reveals systemic underwriter bias, necessitating independent due diligence and scenario-based valuation modeling for new listings.

— from Market Rotation, Defense Contracts, and IPO Valuation Dynamics · Alles auf Aktien – Die täglichen Finanzen-News· Jul 08, 2026