ADT Crosses Above Average Analyst Target
November 18, 2019 at 07:46 AM EST
In recent trading, shares of ADT Inc (ADT) have crossed above the average analyst 12-month target price of $8.35, changing hands for $8.39/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..