BRS Crosses Above Average Analyst Target
December 19, 2017 at 09:25 AM EST
In recent trading, shares of Bristow Group Inc (BRS) have crossed above the average analyst 12-month target price of $12.33, changing hands for $12.49/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..