SPR Crosses Above Average Analyst Target
November 28, 2016 at 09:01 AM EST
In recent trading, shares of Spirit AeroSystems Holdings Inc (SPR) have crossed above the average analyst 12-month target price of $58.55, changing hands for $58.70/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..