CASA Crosses Above Average Analyst Target
February 28, 2018 at 08:42 AM EST
In recent trading, shares of Casa Systems Inc (CASA) have crossed above the average analyst 12-month target price of $22.17, changing hands for $22.58/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..