MNRO Crosses Above Average Analyst Target
December 05, 2019 at 09:34 AM EST
In recent trading, shares of Monro Inc (MNRO) have crossed above the average analyst 12-month target price of $73.60, changing hands for $73.87/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..