LATAM Airlines Group Reaches Analyst Target Price
September 18, 2017 at 09:18 AM EDT
In recent trading, shares of LATAM Airlines Group SA (LTM) have crossed above the average analyst 12-month target price of $13.60, changing hands for $13.74/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..