CPI Card Group Reaches Analyst Target Price
July 23, 2024 at 08:01 AM EDT
In recent trading, shares of CPI Card Group Inc (PMTS) have crossed above the average analyst 12-month target price of $30.00, changing hands for $30.09/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..