ABY Crosses Above Average Analyst Target
July 22, 2016 at 07:55 AM EDT
In recent trading, shares of Atlantica Yield plc (ABY) have crossed above the average analyst 12-month target price of $20.33, changing hands for $20.55/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..