Capella Education Reaches Analyst Target Price
March 14, 2017 at 09:16 AM EDT
In recent trading, shares of Capella Education Company (CPLA) have crossed above the average analyst 12-month target price of $78.40, changing hands for $78.50/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..