Andersons Reaches Analyst Target Price
July 14, 2016 at 16:00 PM EDT
In recent trading, shares of Andersons Inc (ANDE) have crossed above the average analyst 12-month target price of $37.00, changing hands for $37.35/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..