DCP Midstream Reaches Analyst Target Price
January 04, 2018 at 09:14 AM EST
In recent trading, shares of DCP Midstream LP (DCP) have crossed above the average analyst 12-month target price of $37.90, changing hands for $38.65/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..