MNRL Crosses Above Average Analyst Target
June 04, 2021 at 08:35 AM EDT
In recent trading, shares of Brigham Minerals Inc (MNRL) have crossed above the average analyst 12-month target price of $19.33, changing hands for $20.30/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..