DELL Crosses Above Average Analyst Target
July 17, 2020 at 08:02 AM EDT
In recent trading, shares of Dell Technologies Inc (DELL) have crossed above the average analyst 12-month target price of $58.62, changing hands for $59.10/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..