Sito Mobile Reaches Analyst Target Price
August 21, 2017 at 09:27 AM EDT
In recent trading, shares of Sito Mobile Ltd (SITO) have crossed above the average analyst 12-month target price of $4.17, changing hands for $4.31/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..