ENR Crosses Above Average Analyst Target
March 16, 2017 at 09:10 AM EDT
In recent trading, shares of Energizer Holdings Inc (ENR) have crossed above the average analyst 12-month target price of $55.50, changing hands for $55.79/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..