BCR Crosses Above Average Analyst Target
February 27, 2017 at 09:00 AM EST
In recent trading, shares of Bard Inc (BCR) have crossed above the average analyst 12-month target price of $244.50, changing hands for $245.18/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..