Zevia Reaches Analyst Target Price
December 03, 2024 at 07:02 AM EST
In recent trading, shares of Zevia PBC (ZVIA) have crossed above the average analyst 12-month target price of $2.46, changing hands for $2.87/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..