SEE Crosses Above Average Analyst Target
December 01, 2017 at 08:30 AM EST
In recent trading, shares of Sealed Air Corp (SEE) have crossed above the average analyst 12-month target price of $48.00, changing hands for $48.05/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..