AFAM Crosses Above Average Analyst Target
May 11, 2017 at 09:10 AM EDT
In recent trading, shares of Almost Family Inc (AFAM) have crossed above the average analyst 12-month target price of $54.40, changing hands for $57.30/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..