Western Midstream Partners Reaches Analyst Target Price
November 17, 2020 at 08:37 AM EST
In recent trading, shares of Western Midstream Partners LP (WES) have crossed above the average analyst 12-month target price of $11.60, changing hands for $12.29/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..