AGRO Crosses Above Average Analyst Target
December 11, 2019 at 09:26 AM EST
In recent trading, shares of Adecoagro SA (AGRO) have crossed above the average analyst 12-month target price of $7.77, changing hands for $7.78/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..