TPB Crosses Above Average Analyst Target
February 25, 2021 at 08:29 AM EST
In recent trading, shares of Turning Point Brands Inc (TPB) have crossed above the average analyst 12-month target price of $51.50, changing hands for $52.21/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..
