MINDBODY Reaches Analyst Target Price
April 07, 2017 at 09:35 AM EDT
In recent trading, shares of MINDBODY Inc (MB) have crossed above the average analyst 12-month target price of $26.43, changing hands for $26.60/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..