ACC Crosses Above Average Analyst Target
March 05, 2019 at 07:55 AM EST
In recent trading, shares of American Campus Communities Inc (ACC) have crossed above the average analyst 12-month target price of $45.43, changing hands for $45.54/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..