TradeRepublic goals/forecasts?

Greetings,

In TR, for the stocks below, for example, under "33 analysts say", what the target etc. is.

For example, with Micron Technology, 94% say buy, 6% say hold. Currently €105, target €130

How do they come to this conclusion and what experiences do you have with it in general?

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XTC19
4 months ago

That's just a gimmick. You shouldn't rely on that because you don't know the reason for the rating and, above all, how old the assessments are.

I'm happy when almost everyone wants to buy "my" stock when they see an ad like this, but it doesn't play a role in my decision.

archibaldesel
4 months ago

I wouldn't overvalue price targets. There are thousands of events that could interfere.