CCB Crosses Above Average Analyst Target
October 29, 2024 at 06:58 AM EDT
In recent trading, shares of Coastal Financial Corp (CCB) have crossed above the average analyst 12-month target price of $62.00, changing hands for $63.63/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..
