Cronos Group Reaches Analyst Target Price
May 10, 2024 at 06:58 AM EDT
In recent trading, shares of Cronos Group Inc (CRON) have crossed above the average analyst 12-month target price of $2.74, changing hands for $2.85/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..