HMSY Crosses Above Average Analyst Target
July 28, 2016 at 08:11 AM EDT
In recent trading, shares of HMS Holdings Corp (HMSY) have crossed above the average analyst 12-month target price of $19.58, changing hands for $19.71/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..