DPS Crosses Above Average Analyst Target
March 20, 2018 at 09:09 AM EDT
In recent trading, shares of Dr Pepper Snapple Group Inc (DPS) have crossed above the average analyst 12-month target price of $117.80, changing hands for $118.36/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..