American International Group Reaches Analyst Target Price
January 11, 2017 at 09:20 AM EST
In recent trading, shares of American International Group Inc (AIG) have crossed above the average analyst 12-month target price of $67.18, changing hands for $67.20/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..