DG Crosses Above Average Analyst Target
October 23, 2017 at 10:09 AM EDT
In recent trading, shares of Dollar General Corp (DG) have crossed above the average analyst 12-month target price of $83.42, changing hands for $83.61/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..