Bryn Mawr Bank Reaches Analyst Target Price
April 22, 2021 at 09:19 AM EDT
In recent trading, shares of Bryn Mawr Bank Corp (BMTC) have crossed above the average analyst 12-month target price of $43.00, changing hands for $43.49/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..