QuickLogic Reaches Analyst Target Price
October 20, 2021 at 08:33 AM EDT
In recent trading, shares of QuickLogic Corp (QUIK) have crossed above the average analyst 12-month target price of $6.00, changing hands for $6.23/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..