Suncor Energy Reaches Analyst Target Price
June 07, 2021 at 08:59 AM EDT
In recent trading, shares of Suncor Energy Inc (SU) have crossed above the average analyst 12-month target price of $25.37, changing hands for $25.49/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..