KCG Holdings Reaches Analyst Target Price
March 16, 2017 at 09:10 AM EDT
In recent trading, shares of KCG Holdings Inc (KCG) have crossed above the average analyst 12-month target price of $15.83, changing hands for $16.90/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..