Pretium Resources Reaches Analyst Target Price
August 31, 2020 at 08:51 AM EDT
In recent trading, shares of Pretium Resources Inc (PVG) have crossed above the average analyst 12-month target price of $12.57, changing hands for $12.73/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..