Kindred Healthcare Reaches Analyst Target Price
May 05, 2017 at 08:59 AM EDT
In recent trading, shares of Kindred Healthcare Inc (KND) have crossed above the average analyst 12-month target price of $10.07, changing hands for $10.60/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..