Grace Reaches Analyst Target Price
April 27, 2021 at 10:06 AM EDT
In recent trading, shares of Grace & Co (GRA) have crossed above the average analyst 12-month target price of $65.14, changing hands for $68.38/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..