Definitions for "target price"
Price at which a holder of a stock is hoping to sell the stock.
A projection of the stock price made by analysts, but not a guaranteed outcome.
Fixed fee and incentive fee formula. A method of pricing in which the contractor is paid costs reasonably and properly incurred as determined by audit, together with an agreed upon fixed fee as profit supplemented by an incentive fee which will be paid to the contractor on any savings achieved between a prescribed target cost and the actual cost as established by audit. A target price contract may also include a provision for a ceiling price.