GRAB Crosses Above Average Analyst Target
November 20, 2024 at 07:27 AM EST
In recent trading, shares of Grab Holdings Ltd (GRAB) have crossed above the average analyst 12-month target price of $5.26, changing hands for $5.46/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..
