CVRx Reaches Analyst Target Price
December 02, 2022 at 07:23 AM EST
In recent trading, shares of CVRx Inc (CVRX) have crossed above the average analyst 12-month target price of $14.33, changing hands for $14.42/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..