Hashicorp Reaches Analyst Target Price
April 24, 2024 at 08:00 AM EDT
In recent trading, shares of Hashicorp Inc (HCP) have crossed above the average analyst 12-month target price of $28.86, changing hands for $29.38/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..