FSC Crosses Above Average Analyst Target
July 17, 2017 at 09:18 AM EDT
In recent trading, shares of Fifth Street Finance Corp (FSC) have crossed above the average analyst 12-month target price of $5.08, changing hands for $5.44/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..