CNC Crosses Above Average Analyst Target
September 14, 2017 at 09:31 AM EDT
In recent trading, shares of Centene Corp (CNC) have crossed above the average analyst 12-month target price of $91.47, changing hands for $98.16/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..