Vista Outdoor Reaches Analyst Target Price
May 17, 2018 at 09:37 AM EDT
In recent trading, shares of Vista Outdoor Inc (VSTO) have crossed above the average analyst 12-month target price of $14.00, changing hands for $14.13/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..