YRCW Crosses Above Average Analyst Target
December 08, 2016 at 09:16 AM EST
In recent trading, shares of YRC Worldwide Inc (YRCW) have crossed above the average analyst 12-month target price of $15.33, changing hands for $15.97/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..