BSY Crosses Above Average Analyst Target
May 13, 2021 at 09:23 AM EDT
In recent trading, shares of Bentley Systems Inc (BSY) have crossed above the average analyst 12-month target price of $47.17, changing hands for $49.32/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..