Coca-Cola European Partners Reaches Analyst Target Price
May 09, 2017 at 09:25 AM EDT
In recent trading, shares of Coca-Cola European Partners plc (CCE) have crossed above the average analyst 12-month target price of $39.91, changing hands for $40.09/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..