SOBO Crosses Above Average Analyst Target
February 06, 2025 at 06:51 AM EST
In recent trading, shares of SOBO (SOBO) have crossed above the average analyst 12-month target price of $25.11, changing hands for $25.15/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..
