CFMS Crosses Above Average Analyst Target
July 01, 2019 at 08:25 AM EDT
In recent trading, shares of Conformis Inc (CFMS) have crossed above the average analyst 12-month target price of $4.17, changing hands for $4.36/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..