XL Group Reaches Analyst Target Price
February 14, 2017 at 08:55 AM EST
In recent trading, shares of XL Group Ltd (XL) have crossed above the average analyst 12-month target price of $40.12, changing hands for $40.14/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..