Delek US Holdings Reaches Analyst Target Price
November 17, 2016 at 09:05 AM EST
In recent trading, shares of Delek US Holdings Inc (DK) have crossed above the average analyst 12-month target price of $18.44, changing hands for $18.59/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..