RCI Hospitality Holdings Reaches Analyst Target Price
October 16, 2017 at 10:10 AM EDT
In recent trading, shares of RCI Hospitality Holdings Inc (RICK) have crossed above the average analyst 12-month target price of $27.25, changing hands for $27.64/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..