Synergy Resources Reaches Analyst Target Price
December 09, 2016 at 10:06 AM EST
In recent trading, shares of Synergy Resources Corp (SYRG) have crossed above the average analyst 12-month target price of $9.72, changing hands for $9.85/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..