ePlus Reaches Analyst Target Price
April 02, 2019 at 08:34 AM EDT
In recent trading, shares of ePlus Inc (PLUS) have crossed above the average analyst 12-month target price of $90.67, changing hands for $90.79/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..