Workflow
Does MediaAlpha (MAX) Have the Potential to Rally 67.43% as Wall Street Analysts Expect?
MAXMediaAlpha(MAX) ZACKS·2024-07-24 22:56

They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts. That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skeptici ...