AngloGold Ashanti plc Reaches Analyst Target Price
July 08, 2024 at 10:25 AM EDT
In recent trading, shares of AngloGold Ashanti plc (AU) have crossed above the average analyst 12-month target price of $26.75, changing hands for $28.83/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..