SPWH Crosses Above Average Analyst Target
December 20, 2017 at 08:45 AM EST
In recent trading, shares of Sportsman's Warehouse Holdings Inc (SPWH) have crossed above the average analyst 12-month target price of $5.88, changing hands for $5.89/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..