Q: Hey Team :)
What is the point of price targets on stocks when in my experience the price targets are often miserably out of whack with what the security is trading for in real time? How does this practice continue without vehement discussion? And given the often ubiquitous price mismatch why does anyone give analysts price targets any credibility? Can we take anyone's price targets, valuations seriously?
What is the point of price targets on stocks when in my experience the price targets are often miserably out of whack with what the security is trading for in real time? How does this practice continue without vehement discussion? And given the often ubiquitous price mismatch why does anyone give analysts price targets any credibility? Can we take anyone's price targets, valuations seriously?