GATO Crosses Above Average Analyst Target
November 15, 2022 at 06:55 AM EST
In recent trading, shares of Gatos Silver Inc (GATO) have crossed above the average analyst 12-month target price of $3.92, changing hands for $4.02/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..