CRIS Crosses Above Average Analyst Target
March 22, 2021 at 08:35 AM EDT
In recent trading, shares of Curis Inc (CRIS) have crossed above the average analyst 12-month target price of $12.00, changing hands for $12.14/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..