Trinity Capital Reaches Analyst Target Price
September 24, 2021 at 09:43 AM EDT
In recent trading, shares of Trinity Capital Inc (TRIN) have crossed above the average analyst 12-month target price of $16.72, changing hands for $16.73/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..