Microsoft Reaches Analyst Target Price
October 25, 2016 at 09:08 AM EDT
In recent trading, shares of Microsoft Corporation (MSFT) have crossed above the average analyst 12-month target price of $60.64, changing hands for $61.00/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..