AVDR Crosses Above Average Analyst Target
September 11, 2019 at 08:32 AM EDT
In recent trading, shares of Avedro Inc (AVDR) have crossed above the average analyst 12-month target price of $24.00, changing hands for $24.95/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..