POOL Crosses Above Average Analyst Target
August 21, 2018 at 08:04 AM EDT
In recent trading, shares of Pool Corp (POOL) have crossed above the average analyst 12-month target price of $160.00, changing hands for $160.47/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..