MuleSoft Reaches Analyst Target Price
May 26, 2017 at 09:06 AM EDT
In recent trading, shares of MuleSoft Inc (MULE) have crossed above the average analyst 12-month target price of $26.67, changing hands for $27.60/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..