Agnico Eagle Mines Reaches Analyst Target Price
September 25, 2020 at 08:03 AM EDT
In recent trading, shares of Agnico Eagle Mines Ltd (AEM) have crossed above the average analyst 12-month target price of $75.74, changing hands for $78.28/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..