Weyerhaeuser Reaches Analyst Target Price
February 22, 2017 at 09:20 AM EST
In recent trading, shares of Weyerhaeuser Co (WY) have crossed above the average analyst 12-month target price of $33.86, changing hands for $33.98/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..