ARLO Crosses Above Average Analyst Target
January 03, 2020 at 08:17 AM EST
In recent trading, shares of Arlo Technologies Inc (ARLO) have crossed above the average analyst 12-month target price of $4.67, changing hands for $4.97/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..