HAIN Crosses Above Average Analyst Target
May 08, 2020 at 09:04 AM EDT
In recent trading, shares of Hain Celestial Group Inc (HAIN) have crossed above the average analyst 12-month target price of $27.12, changing hands for $28.77/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..