NexGen Energy Reaches Analyst Target Price
October 14, 2021 at 09:34 AM EDT
In recent trading, shares of NexGen Energy Ltd (NXE) have crossed above the average analyst 12-month target price of $5.95, changing hands for $6.11/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..