Blue Bird Reaches Analyst Target Price
March 22, 2024 at 07:38 AM EDT
In recent trading, shares of Blue Bird Corp (BLBD) have crossed above the average analyst 12-month target price of $36.07, changing hands for $36.25/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..