GDOT Crosses Above Average Analyst Target
August 08, 2016 at 08:15 AM EDT
In recent trading, shares of Green Dot Corp (GDOT) have crossed above the average analyst 12-month target price of $23.78, changing hands for $24.18/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..