Grand Canyon Education Reaches Analyst Target Price
August 03, 2017 at 09:07 AM EDT
In recent trading, shares of Grand Canyon Education Inc (LOPE) have crossed above the average analyst 12-month target price of $75.75, changing hands for $80.01/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..