Yamana Gold Reaches Analyst Target Price
August 19, 2016 at 07:59 AM EDT
In recent trading, shares of Yamana Gold Inc (AUY) have crossed above the average analyst 12-month target price of $5.45, changing hands for $5.48/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..