Fox Reaches Analyst Target Price
September 15, 2020 at 10:14 AM EDT
In recent trading, shares of Fox Corp (FOXA) have crossed above the average analyst 12-month target price of $28.64, changing hands for $28.66/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..