GATX Reaches Analyst Target Price
May 22, 2017 at 10:31 AM EDT
In recent trading, shares of GATX Corp (GATX) have crossed above the average analyst 12-month target price of $57.67, changing hands for $59.24/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..