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Ask TheStreet: Target Practice
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Can someone please explain the logic behind stock-price targets? When an investment bank announces a price target for a stock, what exactly does it mean? More often than not, it seems that their price targets are too high, leading me to question if we should even give any consideration to them. -- J.N. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,366.15 | 1,099.92 | 2,173.14 | 33.80 |
Oil *
77.73
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DOWN
86.53
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DOWN
9.32
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DOWN
11.89
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UP
0.57
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10 Yr
3.38%
SPDR Gold
118.70
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|
-0.83%
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-0.84%
|
-0.54%
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+1.72%
|
Data delayed 20 minutes |
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