Trina Solar Reaches Analyst Target Price
March 09, 2017 at 09:21 AM EST
In recent trading, shares of Trina Solar Ltd (TSL) have crossed above the average analyst 12-month target price of $11.44, changing hands for $11.50/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..