ContextLogic Reaches Analyst Target Price
February 13, 2024 at 12:29 PM EST
In recent trading, shares of ContextLogic Inc (WISH) have crossed above the average analyst 12-month target price of $5.33, changing hands for $6.26/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..