AZPN Crosses Above Average Analyst Target
January 25, 2019 at 08:10 AM EST
In recent trading, shares of Aspen Technology Inc (AZPN) have crossed above the average analyst 12-month target price of $98.86, changing hands for $100.80/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..