Evolv Technologies Holdings Reaches Analyst Target Price
May 23, 2023 at 07:25 AM EDT
In recent trading, shares of Evolv Technologies Holdings Inc (EVLV) have crossed above the average analyst 12-month target price of $5.64, changing hands for $5.95/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..