DKS Crosses Above Average Analyst Target
January 05, 2018 at 09:09 AM EST
In recent trading, shares of Dick's Sporting Goods, Inc (DKS) have crossed above the average analyst 12-month target price of $30.52, changing hands for $30.72/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..