In recent trading, shares of Wayfair Inc. (Symbol: W) have crossed above the average analyst 12-month target price of $81.77, changing hands at $83.18 per share.
When a stock reaches the target set by an analyst, the analyst typically has two ways to react: either downgrade the stock based on valuation or reassess their outlook moving forward.
https://www.nasdaq.com/articles/w-crosses-above-average-analyst-target