Rimini Street Reaches Analyst Target Price
February 02, 2021 at 09:36 AM EST
In recent trading, shares of Rimini Street Inc (RMNI) have crossed above the average analyst 12-month target price of $7.75, changing hands for $7.82/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..