Akoustis Technologies Reaches Analyst Target Price
December 18, 2020 at 09:05 AM EST
In recent trading, shares of Akoustis Technologies Inc (AKTS) have crossed above the average analyst 12-month target price of $10.67, changing hands for $11.33/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..