Sea Reaches Analyst Target Price
August 31, 2021 at 08:47 AM EDT
In recent trading, shares of Sea Ltd (SE) have crossed above the average analyst 12-month target price of $324.00, changing hands for $331.82/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..