ViewRay Reaches Analyst Target Price
November 02, 2021 at 11:35 AM EDT
In recent trading, shares of ViewRay Inc (VRAY) have crossed above the average analyst 12-month target price of $7.43, changing hands for $7.45/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..