VNOM Crosses Above Average Analyst Target
January 18, 2018 at 09:44 AM EST
In recent trading, shares of Viper Energy Partners LP (VNOM) have crossed above the average analyst 12-month target price of $24.33, changing hands for $24.71/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..