Should We Think Against CLSA?

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.

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