NexTier Oilfield Solutions Reaches Analyst Target Price
May 17, 2021 at 08:22 AM EDT
In recent trading, shares of NexTier Oilfield Solutions Inc (NEX) have crossed above the average analyst 12-month target price of $4.56, changing hands for $4.62/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..