Hi Friends and Investors! 👋
Just a word of caution I wanted to share with you today. When choosing stocks to buy, make your own assessment and don’t look at the price targets. If you do, look at them at the very end just out of curiosity to compare with your own targets you already set.
Too many of my friends rely on those price targets set by famous banks and analysts. Ignore them. When a stock suddenly crashes, they remove or significantly lower their targets within a minute.
A price target traps only the ones who follow it, not the ones who issued it. Here are some of the most famous examples.
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