CODX Crosses Above Average Analyst Target
August 03, 2020 at 08:53 AM EDT
In recent trading, shares of Co-Diagnostics Inc (CODX) have crossed above the average analyst 12-month target price of $23.00, changing hands for $24.00/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..