Serenity Criticizes Bernstein's Kioxia Forecast as Inaccurate, Cites 50% Downside Prediction

According to Odaily, Serenity, a prominent investor, criticized Bernstein's bearish outlook on Kioxia, calling the analyst's prediction of a potential 50% stock decline "unreliable." Serenity highlighted Bernstein's poor track record, noting that the firm assigned Intel a $36 target price in January 2026, while the stock has since risen to approximately $118.
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