EURN Crosses Above Average Analyst Target
May 09, 2024 at 07:54 AM EDT
In recent trading, shares of Euronav NV (EURN) have crossed above the average analyst 12-month target price of $18.39, changing hands for $18.60/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..