Have you ever, you know, heard of an analyst being, well, wrong???
I'd say that most of the time they are wrong. The market decides the price a stock is at in a year, not an analyst.
I sure wish all my stocks just did what the analysts said. Would make this a whole lot easier lol.
I've seen analysts put out downgrades/upgrades etc while the firms they work for buy/sell shares too. Just saying..... the motive of the analysts is not always to actually give accurate information ......