Pronunciation: [tˈɑːɡɪt pɹˈa͡ɪs] (IPA) 
The spelling of "target price" is straightforward. The first syllable, "tar" is pronounced with a short "a" sound, written as /tɑr/. The second syllable, "get," is pronounced with a soft "g" sound and a short "e," written as /ɡɛt/. The final syllable, "price," is pronounced with a long "i" sound and a soft "s," written as /praɪs/. Together, the IPA transcription of the word "target price" is /ˈtɑrˌɡɛt ˈpraɪs/.
Target price is a financial term that refers to a projected or estimated value or price at which an asset, security, or investment is expected to be worth in the future. It is typically determined by financial analysts or experts who closely monitor and analyze specific assets or securities.
The target price serves as an indication of the asset's perceived intrinsic value, based on numerous factors such as market conditions, industry trends, company performance, earnings projections, and other relevant data. It is often used by investors, traders, and analysts to make informed decisions regarding buying, selling, or holding such assets.
The target price is usually expressed as a specific numerical value, which may be revised or updated periodically based on new information or changes in underlying factors. This estimate acts as a reference point or benchmark against which the current market price of the asset can be compared, thereby assisting investors in evaluating the potential return on investment.
While the target price is used as a guide, it should not be solely relied upon as an absolute indicator of an asset's future performance or value. It is subject to various uncertainties, such as unpredictable market fluctuations, unexpected events, or changes in economic conditions, which can affect the asset's actual worth in the future. Consequently, investors should exercise discretion and consider other fundamental and technical analysis techniques in conjunction with the target price to make well-informed investment decisions.
The word "target price" does not have a specific etymology, as it is a combination of two separate words, "target" and "price". Here is the etymology of each individual word:
1. Target: The word "target" originated from the Old French word "targette" meaning a small shield. It later evolved to "targe" in Middle English and eventually became "target" in modern English. The root of the word can be traced back to the Old High German word "zarga" meaning 'edge' or 'rim'.
2. Price: The word "price" comes from the Old French word "pris" meaning 'value' or 'worth', derived from the Latin word "pretium" with the same meaning.
When used together, "target price" refers to the specific price or value that is aimed or desired for a particular product, investment, or outcome.
