COCO Crosses Above Average Analyst Target
December 02, 2022 at 07:25 AM EST
In recent trading, shares of (COCO) have crossed above the average analyst 12-month target price of $12.33, changing hands for $12.56/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..