AMTD Crosses Above Average Analyst Target
August 31, 2016 at 09:06 AM EDT
In recent trading, shares of TD Ameritrade Holding Corp (AMTD) have crossed above the average analyst 12-month target price of $32.50, changing hands for $32.88/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..