PureCycle Technologies Reaches Analyst Target Price
February 07, 2024 at 06:57 AM EST
In recent trading, shares of PureCycle Technologies Inc (PCT) have crossed above the average analyst 12-month target price of $4.75, changing hands for $4.78/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..