WFRD Crosses Above Average Analyst Target
April 04, 2024 at 06:31 AM EDT
In recent trading, shares of Weatherford International plc (WFRD) have crossed above the average analyst 12-month target price of $126.38, changing hands for $126.41/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..