APU Crosses Above Average Analyst Target
October 20, 2016 at 09:38 AM EDT
In recent trading, shares of AmeriGas Partners LP (APU) have crossed above the average analyst 12-month target price of $47.50, changing hands for $47.62/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..