UEC Crosses Above Average Analyst Target
October 26, 2021 at 08:44 AM EDT
In recent trading, shares of Uranium Energy Corp (UEC) have crossed above the average analyst 12-month target price of $4.00, changing hands for $4.04/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..