LNCE Crosses Above Average Analyst Target
December 15, 2017 at 09:15 AM EST
In recent trading, shares of Snyder's-Lance Inc (LNCE) have crossed above the average analyst 12-month target price of $40.00, changing hands for $44.42/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..