Herc Holdings Reaches Analyst Target Price
March 07, 2018 at 08:40 AM EST
In recent trading, shares of Herc Holdings Inc (HRI) have crossed above the average analyst 12-month target price of $69.00, changing hands for $70.60/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..