Park National Reaches Analyst Target Price
April 05, 2024 at 07:33 AM EDT
In recent trading, shares of Park National Corp (PRK) have crossed above the average analyst 12-month target price of $128.67, changing hands for $130.02/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..