Marten Transport Reaches Analyst Target Price
April 28, 2020 at 10:01 AM EDT
In recent trading, shares of Marten Transport Ltd (MRTN) have crossed above the average analyst 12-month target price of $23.25, changing hands for $23.55/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..