NGL Energy Partners Reaches Analyst Target Price
December 01, 2016 at 09:21 AM EST
In recent trading, shares of NGL Energy Partners LP (NGL) have crossed above the average analyst 12-month target price of $18.40, changing hands for $18.55/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..