CINT Crosses Above Average Analyst Target
June 25, 2024 at 07:27 AM EDT
In recent trading, shares of CI&T Inc (CINT) have crossed above the average analyst 12-month target price of $4.99, changing hands for $5.10/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..