Wall Street Analysts Predict a 26.79% Upside in RingCentral (RNG): Here's What You Should Know

According to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading. That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to d ...