Habit Restaurants Reaches Analyst Target Price
July 06, 2018 at 08:04 AM EDT
In recent trading, shares of Habit Restaurants Inc (HABT) have crossed above the average analyst 12-month target price of $11.00, changing hands for $11.05/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..