BayCom Reaches Analyst Target Price
March 04, 2021 at 09:19 AM EST
In recent trading, shares of BayCom Corp (BCML) have crossed above the average analyst 12-month target price of $17.50, changing hands for $17.60/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..