FRGI Crosses Above Average Analyst Target
November 30, 2017 at 09:34 AM EST
In recent trading, shares of Fiesta Restaurant Group, Inc (FRGI) have crossed above the average analyst 12-month target price of $18.00, changing hands for $18.65/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..