RDW Crosses Above Average Analyst Target
December 17, 2024 at 06:31 AM EST
In recent trading, shares of Redwire Corp (RDW) have crossed above the average analyst 12-month target price of $12.75, changing hands for $13.62/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..
