PINC Crosses Above Average Analyst Target
August 14, 2018 at 08:36 AM EDT
In recent trading, shares of Premier Inc (PINC) have crossed above the average analyst 12-month target price of $38.42, changing hands for $38.44/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..