CODI Crosses Above Average Analyst Target
June 11, 2019 at 08:19 AM EDT
In recent trading, shares of Compass Diversified Holdings (CODI) have crossed above the average analyst 12-month target price of $18.38, changing hands for $18.40/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..