Dorman Products Reaches Analyst Target Price
February 05, 2020 at 08:33 AM EST
In recent trading, shares of Dorman Products Inc (DORM) have crossed above the average analyst 12-month target price of $71.67, changing hands for $73.45/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..