Chuy's Holdings Reaches Analyst Target Price
July 25, 2016 at 08:19 AM EDT
In recent trading, shares of Chuy's Holdings Inc (CHUY) have crossed above the average analyst 12-month target price of $37.60, changing hands for $37.70/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..