CVR Refining Reaches Analyst Target Price
September 26, 2017 at 09:17 AM EDT
In recent trading, shares of CVR Refining LP (CVRR) have crossed above the average analyst 12-month target price of $9.25, changing hands for $9.35/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..