Goodrich Petroleum Reaches Analyst Target Price
November 11, 2020 at 09:54 AM EST
In recent trading, shares of Goodrich Petroleum Corp (GDP) have crossed above the average analyst 12-month target price of $12.00, changing hands for $12.16/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..