Sell-Side Price Target Inspection on This Stock: Prudential Financial, Inc. (NYSE:PRU)
Investors are constantly trying to gain any little advantage when studying potential stocks to add to the portfolio. Keeping close tabs on Wall Street analyst price targets may help investors stay tuned in to current sentiment. After a recent check, we have noted that Prudential Financial, Inc. (NYSE:PRU) has an average target price of 100.79. Even though professional analysts may have better information about a certain company, investors may need to proceed with caution when it comes to following price targets. Price targets are essentially educated guesses on what will happen with the stock price going forward. Investors who buy or sell strictly on analyst targets may be banking on analysts being correct about their projections. Although this strategy may work out more often than not, ...