APTI Crosses Above Average Analyst Target
November 01, 2017 at 09:35 AM EDT
In recent trading, shares of Apptio Inc (APTI) have crossed above the average analyst 12-month target price of $22.00, changing hands for $24.25/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..