WDC Crosses Above Average Analyst Target
April 17, 2019 at 08:14 AM EDT
In recent trading, shares of Western Digital Corp (WDC) have crossed above the average analyst 12-month target price of $53.87, changing hands for $54.29/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..