SOLY Crosses Above Average Analyst Target
May 11, 2021 at 08:08 AM EDT
In recent trading, shares of Soliton Inc (SOLY) have crossed above the average analyst 12-month target price of $21.33, changing hands for $22.41/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..