American Renal Associates Holdings Reaches Analyst Target Price
March 05, 2018 at 09:25 AM EST
In recent trading, shares of American Renal Associates Holdings Inc (ARA) have crossed above the average analyst 12-month target price of $20.25, changing hands for $21.02/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..