LexinFintech Holdings Reaches Analyst Target Price
February 12, 2021 at 08:35 AM EST
In recent trading, shares of LexinFintech Holdings Ltd (LX) have crossed above the average analyst 12-month target price of $11.73, changing hands for $12.31/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..