1Sem.·

A quick reminder to ignore price targets from analysts who are constantly changing their minds anyway.

$PM (-1,34 %)

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Often the recommendation only comes when the price surge has started or is over. Since you often only become aware of it then (usually too late), it gives the impression that the analysts have done a good job. At some point I looked at a few recommendations retrospectively and realized that it is often better to ignore them.
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Most analysts simply continue the current trend, i.e. if a share rises, the price target is raised, if a share falls, the price target is lowered. In this respect, I hardly ever pay attention to any price targets set by analysts.
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@TaxesAreTheft how much is your portfolio actually going down right now, as well as tobacco stocks are doing atm? 🚬
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