LOPE Crosses Above Average Analyst Target
June 19, 2018 at 07:53 AM EDT
In recent trading, shares of Grand Canyon Education Inc (LOPE) have crossed above the average analyst 12-month target price of $115.33, changing hands for $116.42/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..