ABTX Crosses Above Average Analyst Target
November 03, 2020 at 11:43 AM EST
In recent trading, shares of Allegiance Bancshares Inc (ABTX) have crossed above the average analyst 12-month target price of $29.00, changing hands for $29.12/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..