If you own a stock and it reaches the analysts target price, is it wise to sell it then or squeeze it some mor

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If you own a stock and it reaches the analysts target price, is it wise to sell it then or squeeze it some mor

2006-10-16 04:32:41 · 3 answers · asked by clyde 3 in Business & Finance ➔ Investing

3 answers

An analyst's target price should only be one thing you consider when buying and selling. Do your research and determine your own sell point, you will be happier. However, a lot of people put stop loss orders in to protect their profits and it is something for you to consider.

2006-10-16 04:37:26 · answer #1 · answered by kny390 6 · 1⤊ 0⤋

It depends on the factors going on. However I would put a stop loss about .10-.25 under that just in case that way you can cash in what profit you made on it.

2006-10-16 11:35:35 · answer #2 · answered by Anonymous · 1⤊ 0⤋

you better keep a trailing stop after every rise in stock. analysts are only giving an idea,you judge your investment from profit perspective.

2006-10-16 12:06:31 · answer #3 · answered by manoj p 2 · 1⤊ 0⤋