Assurant Reaches Analyst Target Price
July 14, 2016 at 15:58 PM EDT
In recent trading, shares of Assurant Inc (AIZ) have crossed above the average analyst 12-month target price of $88.25, changing hands for $88.59/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..