On Deck Capital Reaches Analyst Target Price
December 14, 2017 at 08:37 AM EST
In recent trading, shares of On Deck Capital Inc (ONDK) have crossed above the average analyst 12-month target price of $5.50, changing hands for $5.54/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..