Andeavor Logistics Reaches Analyst Target Price
September 20, 2018 at 07:26 AM EDT
In recent trading, shares of Andeavor Logistics LP (ANDX) have crossed above the average analyst 12-month target price of $49.95, changing hands for $50.38/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..