|Day Low/High||49.07 / 51.11|
|52 Wk Low/High||24.58 / 68.39|
Jim Cramer says it's the start CNBC's annual Stock Draft Contest, but he cautions Mad Money viewers that although investing can be fun, it requires discipline and doing your homework.
In recent trading, shares of ShockWave Medical Inc have crossed above the average analyst 12-month target price of $34.00, changing hands for $34.50/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.
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