Equitrans Midstream Corp Reaches Analyst Target Price
September 16, 2021 at 10:26 AM EDT
In recent trading, shares of Equitrans Midstream Corp (ETRN) have crossed above the average analyst 12-month target price of $9.67, changing hands for $9.80/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..