CLMT Crosses Above Average Analyst Target
November 09, 2021 at 09:02 AM EST
In recent trading, shares of Calumet Specialty Product Partners LP (CLMT) have crossed above the average analyst 12-month target price of $12.67, changing hands for $13.35/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..