BFLY Crosses Above Average Analyst Target
November 21, 2024 at 07:25 AM EST
In recent trading, shares of Butterfly Network Inc (BFLY) have crossed above the average analyst 12-month target price of $3.25, changing hands for $3.32/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..
