WLK Crosses Above Average Analyst Target
July 13, 2017 at 08:59 AM EDT
In recent trading, shares of Westlake Chemical Corp (WLK) have crossed above the average analyst 12-month target price of $68.43, changing hands for $69.30/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..