Brookline Bancorp Reaches Analyst Target Price
February 03, 2021 at 10:41 AM EST
In recent trading, shares of Brookline Bancorp Inc (BRKL) have crossed above the average analyst 12-month target price of $12.88, changing hands for $12.89/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..