AMH Crosses Above Average Analyst Target
June 04, 2020 at 08:52 AM EDT
In recent trading, shares of American Homes 4 Rent (AMH) have crossed above the average analyst 12-month target price of $26.88, changing hands for $27.38/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..