SecureWorks Reaches Analyst Target Price
July 13, 2018 at 08:15 AM EDT
In recent trading, shares of SecureWorks Corp (SCWX) have crossed above the average analyst 12-month target price of $12.06, changing hands for $12.46/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..