RHP Crosses Above Average Analyst Target
July 25, 2016 at 07:48 AM EDT
In recent trading, shares of Ryman Hospitality Properties Inc (RHP) have crossed above the average analyst 12-month target price of $55.75, changing hands for $56.25/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..