PIPR Crosses Above Average Analyst Target
November 16, 2022 at 07:12 AM EST
In recent trading, shares of Piper Sandler Companies (PIPR) have crossed above the average analyst 12-month target price of $148.33, changing hands for $148.66/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..