Post by
StockGuru2021 on Apr 09, 2021 12:57pm
Don't let analysts scare you, they're a joke
Some here might be afraid of the low price targets for XBC given by analysts, for example, Canaccord with a $4.50 price target, or National Bank with a $6 price target. Don't worry about their lowball predictions, they're rarely right and their targets continuously change. If Q1 earnings are excellent they'll be revising their price targets upwards.
Comment by
Outlander1 on Apr 09, 2021 1:11pm
So true, if they were in fact accurate, investing would be as easy as picking stocks selling below the gurus' targets and waiting til they are met.