Comstock Resources Reaches Analyst Target Price
May 11, 2018 at 09:14 AM EDT
In recent trading, shares of Comstock Resources Inc (CRK) have crossed above the average analyst 12-month target price of $7.75, changing hands for $8.17/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..