NextDecade Reaches Analyst Target Price
September 16, 2020 at 10:15 AM EDT
In recent trading, shares of NextDecade Corp (NEXT) have crossed above the average analyst 12-month target price of $3.40, changing hands for $3.47/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..