Alkami Technology Reaches Analyst Target Price
May 03, 2024 at 06:45 AM EDT
In recent trading, shares of Alkami Technology Inc (ALKT) have crossed above the average analyst 12-month target price of $26.30, changing hands for $26.69/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..