AEE Crosses Above Average Analyst Target
January 18, 2017 at 09:05 AM EST
In recent trading, shares of Ameren Corp (AEE) have crossed above the average analyst 12-month target price of $52.25, changing hands for $52.55/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..