Unity Biotechnology Reaches Analyst Target Price
November 30, 2020 at 08:55 AM EST
In recent trading, shares of Unity Biotechnology Inc (UBX) have crossed above the average analyst 12-month target price of $6.00, changing hands for $6.36/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..