SDHC Crosses Above Average Analyst Target
July 19, 2024 at 07:30 AM EDT
In recent trading, shares of Smith Douglas Homes Corp (SDHC) have crossed above the average analyst 12-month target price of $27.40, changing hands for $27.73/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..
