LivePerson Reaches Analyst Target Price
May 12, 2017 at 08:38 AM EDT
In recent trading, shares of LivePerson Inc (LPSN) have crossed above the average analyst 12-month target price of $9.20, changing hands for $9.75/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..