NuStar Energy Reaches Analyst Target Price
January 05, 2017 at 09:39 AM EST
In recent trading, shares of NuStar Energy LP (NS) have crossed above the average analyst 12-month target price of $51.12, changing hands for $51.55/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..