NAVI Crosses Above Average Analyst Target
January 15, 2021 at 08:13 AM EST
In recent trading, shares of Navient Corp (NAVI) have crossed above the average analyst 12-month target price of $11.30, changing hands for $12.11/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..