Old National Bancorp Reaches Analyst Target Price
June 12, 2017 at 10:16 AM EDT
In recent trading, shares of Old National Bancorp (ONB) have crossed above the average analyst 12-month target price of $16.86, changing hands for $17.50/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..