Silvercrest Asset Management Group Reaches Analyst Target Price
June 08, 2020 at 09:53 AM EDT
In recent trading, shares of Silvercrest Asset Management Group Inc (SAMG) have crossed above the average analyst 12-month target price of $12.33, changing hands for $12.83/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..