Camtek Reaches Analyst Target Price
March 15, 2021 at 08:56 AM EDT
In recent trading, shares of Camtek Ltd (CAMT) have crossed above the average analyst 12-month target price of $31.50, changing hands for $31.80/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..