OESX Crosses Above Average Analyst Target
January 17, 2020 at 09:23 AM EST
In recent trading, shares of Orion Energy Systems Inc (OESX) have crossed above the average analyst 12-month target price of $4.17, changing hands for $4.28/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..