PRLB Crosses Above Average Analyst Target
November 25, 2024 at 06:37 AM EST
In recent trading, shares of Proto Labs Inc (PRLB) have crossed above the average analyst 12-month target price of $40.33, changing hands for $41.50/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..
