Proterra Reaches Analyst Target Price
November 09, 2021 at 09:02 AM EST
In recent trading, shares of Proterra Inc (PTRA) have crossed above the average analyst 12-month target price of $12.33, changing hands for $12.51/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..