Skyline Champion Reaches Analyst Target Price
July 16, 2020 at 08:28 AM EDT
In recent trading, shares of Skyline Champion Corp (SKY) have crossed above the average analyst 12-month target price of $25.50, changing hands for $26.00/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..