Stock Yards Bancorp Reaches Analyst Target Price
June 08, 2020 at 09:58 AM EDT
In recent trading, shares of Stock Yards Bancorp Inc (SYBT) have crossed above the average analyst 12-month target price of $36.00, changing hands for $38.19/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..