Intellicheck Reaches Analyst Target Price
January 06, 2021 at 08:35 AM EST
In recent trading, shares of Intellicheck Inc (IDN) have crossed above the average analyst 12-month target price of $11.67, changing hands for $11.93/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..