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Price targets

A price target is an estimate made by financial analysts of a stock’s future worth, typically over the next year. It reflects their judgment of the company's potential based on factors like earnings, growth prospects, and industry trends. Investors use price targets to gauge whether a stock is undervalued or overvalued, helping inform buy, hold, or sell decisions. It's important to remember that these are projections, not guarantees, and actual stock prices can differ due to market conditions and unforeseen events.