Pembina Pipeline Reaches Analyst Target Price
March 15, 2021 at 09:01 AM EDT
In recent trading, shares of Pembina Pipeline Corp (PBA) have crossed above the average analyst 12-month target price of $30.54, changing hands for $30.68/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..