NGS Crosses Above Average Analyst Target
November 23, 2016 at 09:03 AM EST
In recent trading, shares of Natural Gas Services Group Inc (NGS) have crossed above the average analyst 12-month target price of $29.00, changing hands for $29.30/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..