TWI Crosses Above Average Analyst Target
September 30, 2016 at 09:29 AM EDT
In recent trading, shares of Titan International Inc (TWI) have crossed above the average analyst 12-month target price of $9.75, changing hands for $10.01/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..