TTEK Crosses Above Average Analyst Target
January 11, 2017 at 09:36 AM EST
In recent trading, shares of Tetra Tech Inc (TTEK) have crossed above the average analyst 12-month target price of $41.67, changing hands for $42.45/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..