HE Crosses Above Average Analyst Target
January 09, 2018 at 09:25 AM EST
In recent trading, shares of Hawaiian Electric Industries Inc (HE) have crossed above the average analyst 12-month target price of $35.33, changing hands for $35.34/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..