ENFC Crosses Above Average Analyst Target
December 14, 2017 at 09:18 AM EST
In recent trading, shares of Entegra Financial Corp (ENFC) have crossed above the average analyst 12-month target price of $29.17, changing hands for $29.50/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..