Monster Worldwide Reaches Analyst Target Price
August 22, 2016 at 07:56 AM EDT
In recent trading, shares of Monster Worldwide Inc (MWW) have crossed above the average analyst 12-month target price of $3.45, changing hands for $3.78/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..