ACM Crosses Above Average Analyst Target
October 15, 2019 at 08:15 AM EDT
In recent trading, shares of AECOM (ACM) have crossed above the average analyst 12-month target price of $38.83, changing hands for $39.50/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..