CVRS Crosses Above Average Analyst Target
August 09, 2019 at 10:07 AM EDT
In recent trading, shares of Corindus Vascular Robotics Inc (CVRS) have crossed above the average analyst 12-month target price of $2.90, changing hands for $4.27/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..