SQSP Crosses Above Average Analyst Target
March 08, 2023 at 07:49 AM EST
In recent trading, shares of Squarespace Inc (SQSP) have crossed above the average analyst 12-month target price of $25.30, changing hands for $27.54/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..