LH Crosses Above Average Analyst Target
April 16, 2021 at 08:56 AM EDT
In recent trading, shares of Laboratory Corporation of America Holdings (LH) have crossed above the average analyst 12-month target price of $258.21, changing hands for $259.41/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..