Lindsay Reaches Analyst Target Price
February 10, 2017 at 09:44 AM EST
In recent trading, shares of Lindsay Corp (LNN) have crossed above the average analyst 12-month target price of $74.33, changing hands for $75.30/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..