ELAN Crosses Above Average Analyst Target
February 06, 2024 at 06:56 AM EST
In recent trading, shares of Elanco Animal Health Inc (ELAN) have crossed above the average analyst 12-month target price of $15.85, changing hands for $15.90/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..