The Bancorp Reaches Analyst Target Price
November 25, 2024 at 06:25 AM EST
In recent trading, shares of The Bancorp Inc (TBBK) have crossed above the average analyst 12-month target price of $56.00, changing hands for $57.42/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..
