CBUS Crosses Above Average Analyst Target
March 27, 2024 at 07:55 AM EDT
In recent trading, shares of Cibus Inc (CBUS) have crossed above the average analyst 12-month target price of $22.00, changing hands for $22.82/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..