PWP Crosses Above Average Analyst Target
April 08, 2024 at 06:40 AM EDT
In recent trading, shares of Perella Weinberg Partners (PWP) have crossed above the average analyst 12-month target price of $15.17, changing hands for $15.24/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..