CXM Crosses Above Average Analyst Target
June 07, 2023 at 07:51 AM EDT
In recent trading, shares of Sprinklr Inc (CXM) have crossed above the average analyst 12-month target price of $14.33, changing hands for $14.70/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..