As far as baby and regional go will they seriously in your heart of hearts make LH money? You decide your answer is no then you will agree with every city analyist going!
As
Topslide says, I'm not sure city analysts associated with defunct investment banks or otherwise have any kudos whatsoever these days...
They ought to clean up their own backyard before they pronounce on others'...
I suggest first point of call, some lessons in financial modelling....