STBZ Crosses Above Average Analyst Target
December 21, 2016 at 09:47 AM EST
In recent trading, shares of State Bank Financial Corp (STBZ) have crossed above the average analyst 12-month target price of $26.55, changing hands for $27.00/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..