SLRC Crosses Above Average Analyst Target
June 14, 2021 at 09:49 AM EDT
In recent trading, shares of SLR Investment Corp (SLRC) have crossed above the average analyst 12-month target price of $19.46, changing hands for $19.55/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..