JOBY Crosses Above Average Analyst Target
November 26, 2024 at 06:59 AM EST
In recent trading, shares of Joby Aviation Inc (JOBY) have crossed above the average analyst 12-month target price of $7.47, changing hands for $8.20/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..
