Himax Technologies Reaches Analyst Target Price
September 28, 2017 at 09:15 AM EDT
In recent trading, shares of Himax Technologies Inc (HIMX) have crossed above the average analyst 12-month target price of $9.62, changing hands for $10.08/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..