HP Reaches Analyst Target Price
November 07, 2019 at 08:39 AM EST
In recent trading, shares of HP Inc (HPQ) have crossed above the average analyst 12-month target price of $19.54, changing hands for $19.57/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..