AZRE Crosses Above Average Analyst Target
November 06, 2020 at 08:03 AM EST
In recent trading, shares of Azure Power Global Ltd (AZRE) have crossed above the average analyst 12-month target price of $27.85, changing hands for $29.75/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..