HSTM Crosses Above Average Analyst Target
May 11, 2018 at 09:20 AM EDT
In recent trading, shares of Healthstream Inc (HSTM) have crossed above the average analyst 12-month target price of $27.33, changing hands for $27.62/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..