IS Crosses Above Average Analyst Target
September 15, 2021 at 08:14 AM EDT
In recent trading, shares of ironSource Ltd (IS) have crossed above the average analyst 12-month target price of $11.79, changing hands for $11.92/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..