The Unbearable Silliness of Price Targets

Published: Jan. 7, 2020, 6:38 p.m.

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Pier 1 Imports falls 15% after announcing it will close roughly half of its locations. Bill Barker analyzes the challenges facing the home furnishings retailer. Every day Wall Street analysts issue upgrades and downgrades. We discuss why the price targets are the least important part of those reports.\\xa0 Plus, we dip into the Fool Mailbag to discuss Peter Lynch\\u2019s classic book \\u201cBeating The Street\\u201d and a Canadian burger chain.

To read Bill\\u2019s original article about price targets, click here:

https://web.archive.org/web/19991128190018/www.fool.com/news/1999/foth991028.htm

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