Citi Trends Reaches Analyst Target Price
March 06, 2024 at 07:00 AM EST
In recent trading, shares of Citi Trends Inc (CTRN) have crossed above the average analyst 12-month target price of $32.00, changing hands for $32.13/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..