SFIX Crosses Above Average Analyst Target
December 27, 2017 at 08:41 AM EST
In recent trading, shares of Stitch Fix Inc (SFIX) have crossed above the average analyst 12-month target price of $26.00, changing hands for $29.14/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..