TRVG Crosses Above Average Analyst Target
September 20, 2018 at 07:27 AM EDT
In recent trading, shares of (TRVG) have crossed above the average analyst 12-month target price of $5.66, changing hands for $5.85/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..