CONN Crosses Above Average Analyst Target
September 08, 2017 at 09:22 AM EDT
In recent trading, shares of Conns Inc (CONN) have crossed above the average analyst 12-month target price of $20.75, changing hands for $21.75/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..