TTE Crosses Above Average Analyst Target
April 09, 2024 at 09:10 AM EDT
In recent trading, shares of TotalEnergies SE (TTE) have crossed above the average analyst 12-month target price of $73.01, changing hands for $73.67/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..