Aspen Technology Reaches Analyst Target Price
September 01, 2017 at 09:20 AM EDT
In recent trading, shares of Aspen Technology Inc (AZPN) have crossed above the average analyst 12-month target price of $62.80, changing hands for $63.25/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..