PEGA Crosses Above Average Analyst Target
September 03, 2020 at 09:09 AM EDT
In recent trading, shares of Pegasystems Inc (PEGA) have crossed above the average analyst 12-month target price of $134.78, changing hands for $134.82/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..
