CHS Crosses Above Average Analyst Target
January 08, 2019 at 08:06 AM EST
In recent trading, shares of Chico's FAS Inc (CHS) have crossed above the average analyst 12-month target price of $6.05, changing hands for $6.27/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..