HNI Reaches Analyst Target Price
February 28, 2024 at 06:50 AM EST
In recent trading, shares of HNI Corp (HNI) have crossed above the average analyst 12-month target price of $43.67, changing hands for $43.82/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..