DORM Crosses Above Average Analyst Target
November 05, 2020 at 09:12 AM EST
In recent trading, shares of Dorman Products Inc (DORM) have crossed above the average analyst 12-month target price of $91.00, changing hands for $91.90/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..