When you look up a stock's summary on Yahoo! Finance, how long is the "1y Target Est" good for?

Question

I assume the "1y Target Est" is the target estimate for a particular stock in a year's time, but starting from when? Do they set those in the beginning of a year like January 2007 so it's good until December 2007? Or do they change those every week meaning it's a year's target price until November 2008?

Answer 1

yes it is set at the beginning/