Amerant Bancorp Reaches Analyst Target Price
June 28, 2019 at 09:56 AM EDT
In recent trading, shares of Amerant Bancorp Inc (AMTB) have crossed above the average analyst 12-month target price of $18.80, changing hands for $18.82/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..