Seaspan Corp Reaches Analyst Target Price
September 28, 2018 at 09:12 AM EDT
In recent trading, shares of Seaspan Corp (SSW) have crossed above the average analyst 12-month target price of $8.50, changing hands for $8.59/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..