TSRO Crosses Above Average Analyst Target
September 19, 2016 at 09:16 AM EDT
In recent trading, shares of Tesaro Inc (TSRO) have crossed above the average analyst 12-month target price of $101.80, changing hands for $104.11/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..