CARR Crosses Above Average Analyst Target
May 10, 2024 at 07:03 AM EDT
In recent trading, shares of Carrier Global Corp (CARR) have crossed above the average analyst 12-month target price of $65.14, changing hands for $65.24/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..