Ameresco Reaches Analyst Target Price
August 07, 2018 at 08:07 AM EDT
In recent trading, shares of Ameresco Inc (AMRC) have crossed above the average analyst 12-month target price of $14.17, changing hands for $14.35/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..