LKFN Crosses Above Average Analyst Target
April 29, 2020 at 09:32 AM EDT
In recent trading, shares of Lakeland Financial Corp (LKFN) have crossed above the average analyst 12-month target price of $40.67, changing hands for $41.95/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..