LUNG Crosses Above Average Analyst Target
November 24, 2020 at 08:59 AM EST
In recent trading, shares of Pulmonx Corp (LUNG) have crossed above the average analyst 12-month target price of $48.20, changing hands for $48.46/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..