NewtekOne Reaches Analyst Target Price
November 22, 2024 at 06:58 AM EST
In recent trading, shares of NewtekOne Inc (NEWT) have crossed above the average analyst 12-month target price of $14.00, changing hands for $14.08/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..
