Latham Group Reaches Analyst Target Price
March 01, 2024 at 06:46 AM EST
In recent trading, shares of Latham Group Inc (SWIM) have crossed above the average analyst 12-month target price of $3.25, changing hands for $3.39/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..