Global Business Travel Group Reaches Analyst Target Price
November 15, 2024 at 07:00 AM EST
In recent trading, shares of Global Business Travel Group Inc (GBTG) have crossed above the average analyst 12-month target price of $8.90, changing hands for $8.97/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..
