Do You Pay Attention to Analysts' Price Targets?
In this edition of The Motley Fool's "Ask a Fool" series, Motley Fool One analyst Jason Moser and Motley Fool Stock Advisor analyst Brendan Mathews take a question from a reader who asks: "When researching a stock, how much weight should I give analysts' price targets? And how accurate/successful are analysts in their price target predictions?"
Brendan suggests ignoring analyst price targets, as they don't tend to be very accurate and are typically very short-term in nature. Jason points out that if a stock price falls because an analyst lowers a price target, that could be a good opportunity to pick up shares at a bargain.
See more in the following video.
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