TASK Crosses Above Average Analyst Target
May 14, 2024 at 07:01 AM EDT
In recent trading, shares of TaskUs Inc (TASK) have crossed above the average analyst 12-month target price of $14.00, changing hands for $14.18/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..