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Do Wall Street Stock Price Targets Really Matter? What Investors Need To Know.

FYI: When thinking about a stock, the question ultimately comes down to: What is it worth?

That’s what every Wall Street analyst tries to answer by giving a price target—or where the stock is expected to be in, typically, 12 months’ time—when preparing a research report on a particular company. Stock-price targets are quoted on television and cited in Barron’s and elsewhere.
Regards,
Ted
https://www.barrons.com/articles/wall-street-analyst-stock-price-targets-51561597085?mod=past_editions
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