CDEV Crosses Above Average Analyst Target
January 26, 2022 at 08:13 AM EST
In recent trading, shares of Centennial Resource Development Inc (CDEV) have crossed above the average analyst 12-month target price of $7.80, changing hands for $8.22/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..