Price target
Where a Wall Street analyst thinks a stock will trade in about a year.
In the news
How “price target” came up in recent issues.
- Oct 27Why a Switch 2 now costs $50 more than it did in August
“Barclays, a big bank, upgraded the stock to Overweight and raised its price target to $450 from $370, citing hopes that Tesla may merge with SpaceX.”
- Oct 20Oil is above $100 a barrel. Here's what that means at the pump.
“Amazon jumped 5% on Monday, the biggest gain among the big-name stocks we follow, after Morgan Stanley named it a top pick and raised its price target to $350 from $335.”
Related words
- Budget
- A plan for how you'll spend and save the money you expect to get.
- Certificate of deposit
- A savings account, often called a CD, that pays a fixed interest rate if you leave your money in for a set time, like a year. Taking it out early usually costs a penalty.
- Interest
- The price of borrowing money. Borrowers pay it, and savers earn it.
- Interest rate
- Interest shown as a percent of the amount borrowed or saved, usually per year.
- Memory chip
- A computer part that stores data, found in phones, laptops and game consoles.
- Mortgage
- A loan to buy a home, usually paid back over 15 or 30 years.
Test yourself in Word sprint · All money words
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