W & T Offshore Reaches Analyst Target Price
July 16, 2020 at 08:28 AM EDT
In recent trading, shares of W & T Offshore Inc (WTI) have crossed above the average analyst 12-month target price of $2.57, changing hands for $2.60/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..