A Goldman Sachs logo is displayed on the floor of the New York Stock Exchange in New York City, on Wednesday, August 11, 2010. The Dow lost over 265.42 closing at 10378.83 points on poor economic reports. (Photo by Ramin Talaie/Corbis via Getty Images)
Corbis via Getty Images
“The problem is mostly the analyst just moves targets with their price,” Charan Dangeti, a finance content creator, said in an interview. As an example, Dangeti suggests “when stock goes down, like Citi, they lower their Micron target when it went down 10%. And then they increase it when it goes up.”
“That’s the problem with all these targets. Right? It’s kind of, I think, there’s some bias involved when they make their targets and I mean, I don’t think they’re the…







