SPB Crosses Above Average Analyst Target
November 16, 2020 at 07:51 AM EST
In recent trading, shares of Spectrum Brands Holdings Inc (SPB) have crossed above the average analyst 12-month target price of $65.40, changing hands for $65.57/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..