AON Crosses Above Average Analyst Target
August 08, 2016 at 08:16 AM EDT
In recent trading, shares of Aon plc (AON) have crossed above the average analyst 12-month target price of $110.50, changing hands for $110.65/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..