Brookfield Infrastructure Partners Reaches Analyst Target Price
November 12, 2019 at 08:08 AM EST
In recent trading, shares of Brookfield Infrastructure Partners LP (BIP) have crossed above the average analyst 12-month target price of $51.14, changing hands for $51.19/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..