BHC Crosses Above Average Analyst Target
October 17, 2018 at 07:30 AM EDT
In recent trading, shares of Bausch Health Companies Inc (BHC) have crossed above the average analyst 12-month target price of $25.09, changing hands for $25.92/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..