i ve seen stocks that are getting delisted and price target is 10-25 dollars looking at a stock that is tanking right now and the price target is high 25 low 1 dollar like is there a bigger waste of time than posting price predictions? nobody even looks at those anymore. even complete noobs know that those are not worth the pixels they occupy. like why do platforms keep wasting time coding such useless data?
Analysts got fired or demoted during the Enron scandal when they spooked the stock price with a bearish report. So what happened they got replaced and they gave bullish reports on Enron up till the end when the stock price imploded. Ignore them they are worthless.
yea but think about how much resources is wasted on something completely useless everything related to stock market has to code these stupid price targets into their software