NBHC Crosses Above Average Analyst Target
May 24, 2017 at 09:13 AM EDT
In recent trading, shares of National Bank Holdings Corp (NBHC) have crossed above the average analyst 12-month target price of $31.33, changing hands for $31.37/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..