Renasant Corp Reaches Analyst Target Price
February 21, 2019 at 09:39 AM EST
In recent trading, shares of Renasant Corp (RNST) have crossed above the average analyst 12-month target price of $38.33, changing hands for $38.90/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..