KRA Crosses Above Average Analyst Target
December 12, 2019 at 09:28 AM EST
In recent trading, shares of Kraton Corp (KRA) have crossed above the average analyst 12-month target price of $23.67, changing hands for $23.82/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..