CTRN Crosses Above Average Analyst Target
February 02, 2023 at 07:09 AM EST
In recent trading, shares of Citi Trends Inc (CTRN) have crossed above the average analyst 12-month target price of $32.25, changing hands for $32.56/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..