FleetCor Technologies Reaches Analyst Target Price
April 01, 2019 at 08:22 AM EDT
In recent trading, shares of FleetCor Technologies Inc (FLT) have crossed above the average analyst 12-month target price of $245.20, changing hands for $246.59/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..