HYLN Crosses Above Average Analyst Target
February 01, 2023 at 07:51 AM EST
In recent trading, shares of Hyliion Holdings Corp (HYLN) have crossed above the average analyst 12-month target price of $3.56, changing hands for $3.58/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..