Bemis Co Reaches Analyst Target Price
February 08, 2019 at 09:09 AM EST
In recent trading, shares of Bemis Co Inc (BMS) have crossed above the average analyst 12-month target price of $50.14, changing hands for $50.15/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..