Funko Reaches Analyst Target Price
August 13, 2018 at 08:49 AM EDT
In recent trading, shares of Funko Inc (FNKO) have crossed above the average analyst 12-month target price of $20.43, changing hands for $20.84/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..