Forward Air Reaches Analyst Target Price
April 28, 2017 at 09:01 AM EDT
In recent trading, shares of Forward Air Corp (FWRD) have crossed above the average analyst 12-month target price of $51.00, changing hands for $54.32/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..