BCB Bancorp Reaches Analyst Target Price
October 19, 2020 at 08:25 AM EDT
In recent trading, shares of BCB Bancorp Inc (BCBP) have crossed above the average analyst 12-month target price of $8.67, changing hands for $8.76/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..