Workflow
Wall Street Analysts Believe ProPetro (PUMP) Could Rally 25.92%: Here's is How to Trade
PUMPProPetro (PUMP) zacks.com·2024-05-23 14:56

According to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading. While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry ...