Prestige Consumer Healthcare Reaches Analyst Target Price
November 02, 2018 at 08:08 AM EDT
In recent trading, shares of Prestige Consumer Healthcare Inc (PBH) have crossed above the average analyst 12-month target price of $37.33, changing hands for $37.65/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..