American Farmland Reaches Analyst Target Price
January 30, 2017 at 09:05 AM EST
In recent trading, shares of American Farmland Co (AFCO) have crossed above the average analyst 12-month target price of $8.25, changing hands for $8.37/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..