Kronos Worldwide Reaches Analyst Target Price
November 04, 2016 at 09:56 AM EDT
In recent trading, shares of Kronos Worldwide Inc (KRO) have crossed above the average analyst 12-month target price of $7.42, changing hands for $7.46/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..