WU Crosses Above Average Analyst Target
May 25, 2017 at 09:15 AM EDT
In recent trading, shares of Western Union Co (WU) have crossed above the average analyst 12-month target price of $19.21, changing hands for $19.27/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..