PVG Crosses Above Average Analyst Target
November 10, 2021 at 08:19 AM EST
In recent trading, shares of Pretium Resources Inc (PVG) have crossed above the average analyst 12-month target price of $13.52, changing hands for $14.45/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..