Air Lease Reaches Analyst Target Price
December 31, 2020 at 08:37 AM EST
In recent trading, shares of Air Lease Corp (AL) have crossed above the average analyst 12-month target price of $43.40, changing hands for $44.29/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..