AUB Crosses Above Average Analyst Target
September 13, 2019 at 08:12 AM EDT
In recent trading, shares of Atlantic Union Bankshares Corp (AUB) have crossed above the average analyst 12-month target price of $38.50, changing hands for $38.94/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..