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EYE Crosses Above Average Analyst Target

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In recent trading, shares of National Vision Holdings Inc (Symbol: EYE) have crossed above the average analyst 12-month target price of $ 35.60, changing hands for $ 35.75/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. Analyst reaction may also depend on the fundamental business devel…
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