In this article we take a closer look at Barclays shares (LSE:BARC) using some sophisticated machine learning technology from a number of providers that work with hedge funds, stock exchanges and brokers. This kind of analysis helps to provide additional perspective on an investment by digging into the morass of additional data that it would be impossible for a human analyst or an Excel spreadsheet to compute.
Recently described by The Motley Fool's Stuart Blair as a "slam dunk buy", Barclays shares were also recently upgraded by Credit Suisse to an outperform, with the price target increased to 245p from 240p by the Swiss bank. Our question is whether big institutional investors agree with Blair and Credit Suisse's prognosis, and whether Barclays is the leading bank stock on the UK moment at the moment? Do the shares warrant this level of enthusiasm?
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