Hi-Crush Partners Reaches Analyst Target Price
November 10, 2016 at 09:56 AM EST
In recent trading, shares of Hi-Crush Partners LP (HCLP) have crossed above the average analyst 12-month target price of $15.57, changing hands for $16.35/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..