Will Rigl stock go up?

Will Rigl stock go up? Ugh, that’s the million-dollar question, isn’t it? I’ve been eyeing RIGL for a while now, thinking about taking the plunge. I saw that the average price target from those Wall Street guys – three of them, apparently – is $34. Thirty-four dollars! That’s a HUGE jump from where it is right now, around $20. A nearly 70% increase, they say. Sounds almost too good to be true, right?

I mean, think about it – a 70% increase! I’d be swimming in… well, maybe not swimming, but certainly wading in, some extra cash. I could finally afford that new… well, let’s not get ahead of ourselves.

But then, their predictions range from $20 to a whopping $57! That’s a crazy spread! It makes you wonder, how can they be so far off? Are they just throwing darts at a board? Honestly, it feels a little dodgy. And let’s be real, I remember what happened with that other stock I looked at, XYZ Corp. – The analysts were singing its praises, and then…poof! It tanked. I lost a small fortune. Still stings a bit, to be honest. So, yeah, this “average target” thing is definitely not a sure thing.

So, will RIGL go up? I have no idea! Maybe, maybe not. It’s a gamble. A risky, exciting, potentially profitable gamble. But hey, that’s the fun and the terror of the stock market, isn’t it? I guess I’ll keep watching and maybe do a little more digging before I risk anything… especially after XYZ Corp. Learned my lesson there, believe me.

#Finance #Rigl #Stock