FSR Crosses Above Average Analyst Target
March 01, 2021 at 10:34 AM EST
In recent trading, shares of Fisker Inc (FSR) have crossed above the average analyst 12-month target price of $26.00, changing hands for $28.50/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..