FRSH Crosses Above Average Analyst Target
August 24, 2017 at 09:32 AM EDT
In recent trading, shares of Papa Murphy's Holdings Inc (FRSH) have crossed above the average analyst 12-month target price of $5.25, changing hands for $5.39/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..