HLX Crosses Above Average Analyst Target
October 16, 2018 at 08:13 AM EDT
In recent trading, shares of Helix Energy Solutions Group Inc (HLX) have crossed above the average analyst 12-month target price of $10.25, changing hands for $10.36/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..