AQN Crosses Above Average Analyst Target
September 05, 2019 at 09:14 AM EDT
In recent trading, shares of Algonquin Power & Utilities Corp (AQN) have crossed above the average analyst 12-month target price of $13.36, changing hands for $13.37/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..