Crocs Reaches Analyst Target Price
November 14, 2018 at 08:09 AM EST
In recent trading, shares of Crocs Inc (CROX) have crossed above the average analyst 12-month target price of $26.00, changing hands for $26.55/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..