Shell Midstream Partners Reaches Analyst Target Price
November 01, 2019 at 09:33 AM EDT
In recent trading, shares of Shell Midstream Partners LP (SHLX) have crossed above the average analyst 12-month target price of $20.50, changing hands for $20.52/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..