Traeger Reaches Analyst Target Price
November 15, 2022 at 06:55 AM EST
In recent trading, shares of Traeger Inc (COOK) have crossed above the average analyst 12-month target price of $4.21, changing hands for $4.23/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..