BN Crosses Above Average Analyst Target
October 31, 2024 at 07:47 AM EDT
In recent trading, shares of Brookfield Corp (BN) have crossed above the average analyst 12-month target price of $53.72, changing hands for $54.04/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..