USAC Crosses Above Average Analyst Target
May 27, 2020 at 08:21 AM EDT
In recent trading, shares of USA Compression Partners LP (USAC) have crossed above the average analyst 12-month target price of $11.50, changing hands for $11.80/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..