HUN Crosses Above Average Analyst Target
August 16, 2016 at 07:37 AM EDT
In recent trading, shares of Huntsman Corp (HUN) have crossed above the average analyst 12-month target price of $17.00, changing hands for $17.11/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..