Quote (excellence @ Apr 27 2021 11:52am)
fundamentals dont matter anymore. stonks go up and then good sales and earnings are treated poorly lmao
baked in
most analysts will purposefully have conservative price targets so companies can look good getting over those benchmarks. It's basically a nod to corporations so optics are good for potential investors
Like 84% of sp500 companies beat estimates in q1 2021. That should be enough to tell you about how the game is played.