Gentherm Reaches Analyst Target Price
February 22, 2017 at 09:19 AM EST
In recent trading, shares of Gentherm Inc (THRM) have crossed above the average analyst 12-month target price of $37.62, changing hands for $38.50/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..