UNITIL Reaches Analyst Target Price
March 05, 2024 at 07:20 AM EST
In recent trading, shares of UNITIL Corp (UTL) have crossed above the average analyst 12-month target price of $52.33, changing hands for $52.49/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..