America's Car-Mart Reaches Analyst Target Price
June 05, 2018 at 07:55 AM EDT
In recent trading, shares of America's Car-Mart Inc (CRMT) have crossed above the average analyst 12-month target price of $63.50, changing hands for $64.75/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..