MediaAlpha Reaches Analyst Target Price
January 31, 2023 at 06:39 AM EST
In recent trading, shares of MediaAlpha Inc (MAX) have crossed above the average analyst 12-month target price of $13.00, changing hands for $13.13/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..