PLL Crosses Above Average Analyst Target
June 11, 2021 at 08:06 AM EDT
In recent trading, shares of Piedmont Lithium Inc (PLL) have crossed above the average analyst 12-month target price of $72.20, changing hands for $73.12/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..