IIN Crosses Above Average Analyst Target
May 09, 2018 at 09:20 AM EDT
In recent trading, shares of IntriCon Corp (IIN) have crossed above the average analyst 12-month target price of $27.83, changing hands for $29.10/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..