LOGI Crosses Above Average Analyst Target
June 15, 2018 at 09:05 AM EDT
In recent trading, shares of Logitech International SA (LOGI) have crossed above the average analyst 12-month target price of $45.25, changing hands for $45.98/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..