analysts
What is Price target (PT)?
A price target is one analyst's estimate of where a stock will trade in about 12 months. It is an opinion, not a forecast the market shares, and targets from different firms can be far apart. A target change is news about the analyst's view; it changes nothing about the company itself.
Related terms
How it works
In WallStreetDigest editions
· Weekday edition
Meta stock slide, Cadence jump, and Brazil's election result
How analyst price targets are set, and why they often move after the news.