Archrock Inc Reaches Analyst Target Price
November 25, 2020 at 08:47 AM EST
In recent trading, shares of Archrock Inc (AROC) have crossed above the average analyst 12-month target price of $8.17, changing hands for $8.48/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..