McAfee Reaches Analyst Target Price
May 07, 2021 at 08:08 AM EDT
In recent trading, shares of McAfee Corp (MCFE) have crossed above the average analyst 12-month target price of $22.94, changing hands for $23.09/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..