LVS Crosses Above Average Analyst Target
October 17, 2017 at 08:12 AM EDT
In recent trading, shares of Las Vegas Sands Corp (LVS) have crossed above the average analyst 12-month target price of $62.33, changing hands for $62.80/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..