Gatos Silver Reaches Analyst Target Price
May 12, 2021 at 07:39 AM EDT
In recent trading, shares of Gatos Silver Inc (GATO) have crossed above the average analyst 12-month target price of $12.33, changing hands for $12.52/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..