Blue Apron Holdings Reaches Analyst Target Price
December 18, 2019 at 08:19 AM EST
In recent trading, shares of Blue Apron Holdings Inc (APRN) have crossed above the average analyst 12-month target price of $7.33, changing hands for $7.61/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..