Innovid Reaches Analyst Target Price
November 22, 2024 at 07:28 AM EST
In recent trading, shares of Innovid Corp (CTV) have crossed above the average analyst 12-month target price of $2.75, changing hands for $3.01/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..