ROP Crosses Above Average Analyst Target
June 20, 2017 at 09:05 AM EDT
In recent trading, shares of Roper Technologies Inc (ROP) have crossed above the average analyst 12-month target price of $234.38, changing hands for $235.25/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..