Value Line University

Target Price Range

A Target Price Range appears in the upper right portion of each Value Line report, in the same section as the stock price graph. It shows the range in which Value Line's analyst thinks a stock's price is most likely to trade in the three-year period indicated just above.

• The Top Horizontal Line indicates the highest level at which the stock is likely to trade in the three-year period.
• The Bottom Horizontal Line indicates the lowest level at which the stock is likely to trade in the three-year period.

The Target Price Range is based on information available to an analyst at the time a new report is written, but could obviously change in the future. The data is the same as that appearing in the PROJECTIONS box to the left of the graph. (see PROJECTIONS)