CVI Crosses Above Average Analyst Target
January 13, 2021 at 08:05 AM EST
In recent trading, shares of CVR Energy Inc (CVI) have crossed above the average analyst 12-month target price of $17.67, changing hands for $17.91/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..