RBB Bancorp Reaches Analyst Target Price
November 10, 2020 at 11:41 AM EST
In recent trading, shares of RBB Bancorp (RBB) have crossed above the average analyst 12-month target price of $14.17, changing hands for $14.78/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..