Reliant Bancorp Reaches Analyst Target Price
March 08, 2021 at 09:55 AM EST
In recent trading, shares of Reliant Bancorp Inc (RBNC) have crossed above the average analyst 12-month target price of $24.05, changing hands for $24.46/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..