CRON Crosses Above Average Analyst Target
April 04, 2024 at 06:29 AM EDT
In recent trading, shares of Cronos Group Inc (CRON) have crossed above the average analyst 12-month target price of $2.71, changing hands for $2.88/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..