Sprint Corp Reaches Analyst Target Price
February 16, 2018 at 09:44 AM EST
In recent trading, shares of Sprint Corp (S) have crossed above the average analyst 12-month target price of $5.44, changing hands for $5.49/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..