RE:AC - WSJ 18 Analysts OTBone
Do you know what an Analyst price target means. It means they think based on history and future profit projections the stock will hit that price 12 to 18 months out. The reason why they keep renewing is to update any changes and to not look stupid. The Analyst projections posted on WSJ have changed very little for the last 12 to 18 months which means if you followed them you and they lost. Except they just keep updating them for the next 12-18 months. So if they told you a mean of $25 18 months ago and you may wait now another 18 months so 3 years would you have been a buyer? As I said dead money for now!