DUK Crosses Above Average Analyst Target
February 24, 2017 at 09:42 AM EST
In recent trading, shares of Duke Energy Corp (DUK) have crossed above the average analyst 12-month target price of $80.88, changing hands for $80.91/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..