Arlo Technologies Reaches Analyst Target Price
August 04, 2020 at 08:51 AM EDT
In recent trading, shares of Arlo Technologies Inc (ARLO) have crossed above the average analyst 12-month target price of $4.40, changing hands for $4.63/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..
