Carter's Reaches Analyst Target Price
April 28, 2021 at 08:43 AM EDT
In recent trading, shares of Carter's Inc (CRI) have crossed above the average analyst 12-month target price of $103.57, changing hands for $105.21/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..