Switch Reaches Analyst Target Price
January 10, 2020 at 08:47 AM EST
In recent trading, shares of Switch Inc (SWCH) have crossed above the average analyst 12-month target price of $15.61, changing hands for $15.74/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..