GENI Crosses Above Average Analyst Target
November 13, 2024 at 07:19 AM EST
In recent trading, shares of Genius Sports Ltd (GENI) have crossed above the average analyst 12-month target price of $8.95, changing hands for $9.47/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..
