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confusedtrader

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confusedtrader

Re: stockdoc68 post# 1055

Monday, 08/06/2012 11:37:18 AM

Monday, August 06, 2012 11:37:18 AM

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Yes, correct. Price target are like road signs for investment funds/investors, they indicate the direction and *atleast* how far in that direction a stock *could* move within 12 months of target price issue. This is the meaning of a price target.

Target prices are not the *utmost* or highest price for a stock in a 12 month time frame. Though, often, incorrectly they are interpreted that way.
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