Business First Bancshares Reaches Analyst Target Price
October 23, 2020 at 08:30 AM EDT
In recent trading, shares of Business First Bancshares Inc (BFST) have crossed above the average analyst 12-month target price of $16.67, changing hands for $16.95/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..