Scholar Rock Holding Reaches Analyst Target Price
January 16, 2025 at 07:33 AM EST
In recent trading, shares of Scholar Rock Holding Corp (SRRK) have crossed above the average analyst 12-month target price of $44.00, changing hands for $44.32/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..