ALHC Crosses Above Average Analyst Target
January 14, 2025 at 07:54 AM EST
In recent trading, shares of Alignment Healthcare Inc (ALHC) have crossed above the average analyst 12-month target price of $13.27, changing hands for $13.50/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..
