MAXR Crosses Above Average Analyst Target
December 27, 2019 at 09:25 AM EST
In recent trading, shares of Maxar Technologies Inc (MAXR) have crossed above the average analyst 12-month target price of $14.40, changing hands for $14.54/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..