SWN Crosses Above Average Analyst Target
September 20, 2016 at 09:44 AM EDT
In recent trading, shares of Southwestern Energy Company (SWN) have crossed above the average analyst 12-month target price of $13.83, changing hands for $13.86/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..