APY Crosses Above Average Analyst Target
December 24, 2019 at 09:16 AM EST
In recent trading, shares of Apergy Corp (APY) have crossed above the average analyst 12-month target price of $33.57, changing hands for $33.70/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..