AHT Crosses Above Average Analyst Target
January 28, 2021 at 08:11 AM EST
In recent trading, shares of Ashford Hospitality Trust Inc (AHT) have crossed above the average analyst 12-month target price of $3.40, changing hands for $3.49/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..