CPAY Crosses Above Average Analyst Target
April 04, 2024 at 06:31 AM EDT
In recent trading, shares of Corplay Inc (CPAY) have crossed above the average analyst 12-month target price of $314.67, changing hands for $316.14/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..