MOST people shopping for cars like to stick close to home. The average distance an American travels to buy a new car or truck is about 22 miles, according to CNW Marketing Research, an automotive research company in Bandon, Ore. Then there are those who like to shop a time zone or two away.
In recent trading, shares of DaVita Inc (Symbol: DVA) have crossed above the average analyst 12-month target price of $66.83, changing hands for $66.93/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.
Analystsâ recommendations. Of the 46 analysts covering Amazon, 40 have given it âbuyâ recommendations, none have given it âsellâ recommendations, and six have given it âholdâ recommendations. The analyst stock price target for Amazon is $812.97, with a median target estimate of $800. Amazon is trading almost at par with its median target.