SLW Crosses Above Average Analyst Target
July 27, 2016 at 07:25 AM EDT
In recent trading, shares of Silver Wheaton Corp (SLW) have crossed above the average analyst 12-month target price of $25.65, changing hands for $25.81/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..