AngloGold Ashanti Reaches Analyst Target Price
January 04, 2019 at 07:42 AM EST
In recent trading, shares of AngloGold Ashanti Ltd (AU) have crossed above the average analyst 12-month target price of $13.06, changing hands for $13.21/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..