Ashford Hospitality Trust Reaches Analyst Target Price
August 16, 2016 at 07:51 AM EDT
In recent trading, shares of Ashford Hospitality Trust Inc (AHT) have crossed above the average analyst 12-month target price of $6.97, changing hands for $7.13/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..