AIN Crosses Above Average Analyst Target
July 08, 2021 at 09:47 AM EDT
In recent trading, shares of Albany International Corp (AIN) have crossed above the average analyst 12-month target price of $87.20, changing hands for $88.10/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..