price target

TFP #026: Price Targets Beware

Read Time: 5 minutes

Welcome to the 26th edition of the Tech Financial Planning (TFP) newsletter

A prospect refused to sell his company stock because all the analysts said the stock would go up another 25% in the next 12 months.

Enter 2022 - the value of the stock dropped over 50% and cost them over $500,000

In this newsletter, we’ll break down why I believe price targets are useless at best and how they can lead to poor investing decisions