Talos Energy Reaches Analyst Target Price
May 11, 2020 at 08:36 AM EDT
In recent trading, shares of Talos Energy Inc (TALO) have crossed above the average analyst 12-month target price of $11.80, changing hands for $12.05/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..