WLKP Crosses Above Average Analyst Target
June 08, 2020 at 09:00 AM EDT
In recent trading, shares of Westlake Chemical Partners LP (WLKP) have crossed above the average analyst 12-month target price of $21.00, changing hands for $21.79/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..