Limoneira Reaches Analyst Target Price
September 03, 2018 at 09:37 AM EDT
In recent trading, shares of Limoneira Co (LMNR) have crossed above the average analyst 12-month target price of $30.25, changing hands for $30.85/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..