EnCana Reaches Analyst Target Price
January 05, 2017 at 09:39 AM EST
In recent trading, shares of EnCana Corp (ECA) have crossed above the average analyst 12-month target price of $12.39, changing hands for $12.95/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..