Raising stock price targets often primarily serves to encourage retail investors to keep buying shares at unusually high levels. When the bubble eventually bursts, the same banks and analytical firms that previously supported high stock prices start saying the opposite of what they promoted earlier. At that point, their goal is to discourage small investors from buying while the big players position themselves for their own benefit.
Personally, I believe such manipulative practices by analytical firms should have consequences. Unfortunately, this almost never happens, as the entire system largely depends on these mechanisms. After all, who would “cut the branch they are sitting on”?
All of this strikes me as extremely dubious. I never invest in the heat of euphoria. It’s far better to wait until the situation stabilizes and then, with a clear head, take a first small position, rather than invest euphorically like in gambling, betting “all or nothing.”
Bearish
Market Data 
Markets 
AI
