DIN Crosses Above Average Analyst Target
March 26, 2021 at 09:46 AM EDT
In recent trading, shares of Dine Brands Global Inc (DIN) have crossed above the average analyst 12-month target price of $86.67, changing hands for $88.58/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..