Amarin Reaches Analyst Target Price
September 25, 2018 at 07:24 AM EDT
In recent trading, shares of Amarin Corp plc (AMRN) have crossed above the average analyst 12-month target price of $8.25, changing hands for $12.40/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..