AINV Crosses Above Average Analyst Target
November 28, 2016 at 08:56 AM EST
In recent trading, shares of Apollo Investment Corp (AINV) have crossed above the average analyst 12-month target price of $6.16, changing hands for $6.21/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..