Compass Diversified Reaches Analyst Target Price
February 10, 2021 at 07:57 AM EST
In recent trading, shares of Compass Diversified (CODI) have crossed above the average analyst 12-month target price of $22.62, changing hands for $22.68/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..