Needham Just Cut Its Price Target on These 3 Stocks
Investors should always pay close attention to stocks with lowered price targets. Not only can that lowered target highlight potential danger, but it can also highlight a potential short opportunity to be well aware of.Often, downgraded and downward price revisions are influenced by company fundamentals, including financial health and future growth. They can also indicate bearish trends in the industry, including earnings trends and financial data. Or, perhaps a firm is simply jumping on a bearish bandwagon ...