Garrett Motion Reaches Analyst Target Price
April 03, 2019 at 08:10 AM EDT
In recent trading, shares of Garrett Motion Inc (GTX) have crossed above the average analyst 12-month target price of $15.67, changing hands for $15.86/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..