TIGO Crosses Above Average Analyst Target
May 23, 2023 at 07:25 AM EDT
In recent trading, shares of Millicom International Cellular SA (TIGO) have crossed above the average analyst 12-month target price of $18.12, changing hands for $18.13/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..
