BP Midstream Partners Reaches Analyst Target Price
May 27, 2020 at 07:58 AM EDT
In recent trading, shares of BP Midstream Partners LP (BPMP) have crossed above the average analyst 12-month target price of $12.38, changing hands for $12.73/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..