FUTU Crosses Above Average Analyst Target
March 31, 2023 at 07:46 AM EDT
In recent trading, shares of (FUTU) have crossed above the average analyst 12-month target price of $51.55, changing hands for $51.77/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..