Azul Reaches Analyst Target Price
July 11, 2019 at 08:21 AM EDT
In recent trading, shares of Azul SA (AZUL) have crossed above the average analyst 12-month target price of $39.62, changing hands for $39.87/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..