Piedmont Lithium Reaches Analyst Target Price
April 01, 2021 at 10:39 AM EDT
In recent trading, shares of Piedmont Lithium Ltd (PLL) have crossed above the average analyst 12-month target price of $66.60, changing hands for $69.49/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..