WLL Crosses Above Average Analyst Target
January 05, 2017 at 09:44 AM EST
In recent trading, shares of Whiting Petroleum Corp (WLL) have crossed above the average analyst 12-month target price of $12.90, changing hands for $13.10/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..