Apptio Reaches Analyst Target Price
March 06, 2018 at 09:37 AM EST
In recent trading, shares of Apptio Inc (APTI) have crossed above the average analyst 12-month target price of $29.33, changing hands for $29.59/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..