ATEX Crosses Above Average Analyst Target
June 23, 2021 at 08:07 AM EDT
In recent trading, shares of Anterix Inc (ATEX) have crossed above the average analyst 12-month target price of $62.00, changing hands for $62.79/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..