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.
Based on 1 ranked analysts offering 12 month price targets for PGNX in the last 3 months, the average price target is $11.00, with a high estimate of $11.00 and a low estimate of $11.00. View the âAll Analyst Price Targetâ to see the average price target of all Wall Street Analysts. Click the âBest Performing Analyst Price Targetâ to see the average price target of analysts consistently outperforming the markets.