GREY:XEBEQ - Post by User
Comment by
tamaracktopon Mar 30, 2022 1:04pm
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Post# 34559591
RE:Well well well, he was there in person yesterday
RE:Well well well, he was there in person yesterdayStandard fare.
Basically keeping within common practice.
His target is ~50% above what the stock was at the time he revised it.
Virtually all firms will constrain analysts enthusiasm to avoid potential liability.
Most analysts can't have targets more than 50% above the prevailing stock price at the time.
They're always free to revise targets when stocks move.
Pick up a copy of the Wall Street Journal.
You'll see between 40 and 50 target revisions every day.