Scientific Games Reaches Analyst Target Price
July 18, 2016 at 08:09 AM EDT
In recent trading, shares of Scientific Games Corp (SGMS) have crossed above the average analyst 12-month target price of $10.30, changing hands for $10.31/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..