SCANA Reaches Analyst Target Price
August 19, 2016 at 08:00 AM EDT
In recent trading, shares of SCANA Corp (SCG) have crossed above the average analyst 12-month target price of $72.75, changing hands for $73.26/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..