CQP Crosses Above Average Analyst Target
May 31, 2018 at 09:21 AM EDT
In recent trading, shares of Cheniere Energy Partners L P (CQP) have crossed above the average analyst 12-month target price of $35.22, changing hands for $35.94/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..