Actuant Reaches Analyst Target Price
November 15, 2017 at 08:30 AM EST
In recent trading, shares of Actuant Corp (ATU) have crossed above the average analyst 12-month target price of $24.94, changing hands for $24.95/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..