KGS Crosses Above Average Analyst Target
March 26, 2024 at 07:15 AM EDT
In recent trading, shares of Kodiak Gas Services Inc (KGS) have crossed above the average analyst 12-month target price of $27.00, changing hands for $27.04/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..