Joint Reaches Analyst Target Price
May 06, 2024 at 06:34 AM EDT
In recent trading, shares of Joint Corp (JYNT) have crossed above the average analyst 12-month target price of $16.00, changing hands for $16.12/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..