Sanmina Reaches Analyst Target Price
November 14, 2016 at 09:50 AM EST
In recent trading, shares of Sanmina Corp (SANM) have crossed above the average analyst 12-month target price of $29.50, changing hands for $30.50/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..