LE Crosses Above Average Analyst Target
May 03, 2024 at 06:52 AM EDT
In recent trading, shares of Lands' End Inc (LE) have crossed above the average analyst 12-month target price of $14.00, changing hands for $14.26/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..