Accolade Reaches Analyst Target Price
January 22, 2021 at 07:50 AM EST
In recent trading, shares of Accolade Inc (ACCD) have crossed above the average analyst 12-month target price of $56.25, changing hands for $58.82/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..