Masonite International Reaches Analyst Target Price
January 13, 2020 at 08:47 AM EST
In recent trading, shares of Masonite International Corp (DOOR) have crossed above the average analyst 12-month target price of $75.28, changing hands for $75.35/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..