BCE Reaches Analyst Target Price
July 16, 2019 at 08:14 AM EDT
In recent trading, shares of BCE Inc (BCE) have crossed above the average analyst 12-month target price of $46.33, changing hands for $46.34/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..