CLD Crosses Above Average Analyst Target
December 05, 2016 at 09:18 AM EST
In recent trading, shares of Cloud Peak Energy Inc (CLD) have crossed above the average analyst 12-month target price of $6.30, changing hands for $6.49/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..