Target Hospitality Reaches Analyst Target Price
May 09, 2024 at 07:54 AM EDT
In recent trading, shares of Target Hospitality Corp (TH) have crossed above the average analyst 12-month target price of $11.33, changing hands for $11.52/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..