Lumber Liquidators Holdings Reaches Analyst Target Price
June 11, 2018 at 08:00 AM EDT
In recent trading, shares of Lumber Liquidators Holdings Inc (LL) have crossed above the average analyst 12-month target price of $24.88, changing hands for $25.05/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..