CMP Crosses Above Average Analyst Target
February 17, 2021 at 08:39 AM EST
In recent trading, shares of Compass Minerals International Inc (CMP) have crossed above the average analyst 12-month target price of $65.17, changing hands for $67.38/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..