BrightSphere Investment Group Reaches Analyst Target Price
October 13, 2020 at 07:53 AM EDT
In recent trading, shares of BrightSphere Investment Group Inc (BSIG) have crossed above the average analyst 12-month target price of $15.25, changing hands for $15.26/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..