DGI Crosses Above Average Analyst Target
April 04, 2017 at 09:03 AM EDT
In recent trading, shares of DigitalGlobe Inc (DGI) have crossed above the average analyst 12-month target price of $32.88, changing hands for $33.15/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..