NNBR Reaches Analyst Target Price
November 28, 2016 at 08:59 AM EST
In recent trading, shares of NN, Inc (NNBR) have crossed above the average analyst 12-month target price of $17.75, changing hands for $17.90/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..