BRDG Crosses Above Average Analyst Target
October 11, 2024 at 06:54 AM EDT
In recent trading, shares of Bridge Investment Group Holdings Inc (BRDG) have crossed above the average analyst 12-month target price of $9.90, changing hands for $10.29/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..
