Acushnet Holdings Reaches Analyst Target Price
May 17, 2018 at 09:25 AM EDT
In recent trading, shares of Acushnet Holdings Corp (GOLF) have crossed above the average analyst 12-month target price of $23.40, changing hands for $23.57/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..