Spectrum Brands Holdings Reaches Analyst Target Price
May 09, 2019 at 08:33 AM EDT
In recent trading, shares of Spectrum Brands Holdings Inc (SPB) have crossed above the average analyst 12-month target price of $65.40, changing hands for $65.75/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..