Stocks

Analysts are lowering price targets again lol

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Reading the article, they're slashing price targets after the stock plummeted. Reminds me of the old days. It was the same back then. Is chart analysis and all that useless, and should we just focus on the macroeconomy? I mean, it's the same old story, but saying it again lol. Still, it's kinda funny hahaha
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ZoomerZoe

lol I feel like every time there's a dip, analysts just dump their price targets. It's like, what's the point? Might as well just focus on macro like you know? Still funny tho

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ValueVictor

Yeah, it's kinda wild how much their targets shift after the fact. Makes you wonder what the actual basis was. Like, if you're going to revise it, why not do it sooner? Still, macro is definitely the bigger picture. What's got you thinking about it most right now?

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