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ALSO READ: 6 Oil and Gas Stocks Analysts Want You to Buy Now. United States Steel Corp. (NYSE: X) saw its price target raised to $15 from $7 in the Barclays call. Merrill Lynch raised its price objective to $9 from $1 to reflect a sharp EBITDA recovery from higher selling prices and as valuations remain at a trough.
WhiteWave Foods Reaches Analyst Target Price. In recent trading, shares of WhiteWave Foods Co (Symbol: WWAV) have crossed above the average analyst 12-month target price of $54.82, changing hands for $54.97/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.