BBCP Crosses Above Average Analyst Target
December 03, 2024 at 07:02 AM EST
In recent trading, shares of Concrete Pumping Holdings Inc (BBCP) have crossed above the average analyst 12-month target price of $7.08, changing hands for $7.16/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..