Eaton Vance Reaches Analyst Target Price
September 20, 2017 at 08:46 AM EDT
In recent trading, shares of Eaton Vance Corp (EV) have crossed above the average analyst 12-month target price of $47.67, changing hands for $47.84/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..