UCB Crosses Above Average Analyst Target
November 11, 2024 at 10:37 AM EST
In recent trading, shares of United Community Banks Inc (UCB) have crossed above the average analyst 12-month target price of $31.58, changing hands for $31.70/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..