Suburban Propane Partners Reaches Analyst Target Price
September 23, 2016 at 09:56 AM EDT
In recent trading, shares of Suburban Propane Partners LP (SPH) have crossed above the average analyst 12-month target price of $34.33, changing hands for $34.37/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..