HL Crosses Above Average Analyst Target
October 18, 2016 at 09:30 AM EDT
In recent trading, shares of Hecla Mining Co (HL) have crossed above the average analyst 12-month target price of $5.36, changing hands for $5.60/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..