Avery Dennison Reaches Analyst Target Price
September 29, 2017 at 08:30 AM EDT
In recent trading, shares of Avery Dennison Corp (AVY) have crossed above the average analyst 12-month target price of $99.67, changing hands for $99.93/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..