First Majestic Silver Reaches Analyst Target Price
January 29, 2021 at 07:47 AM EST
In recent trading, shares of First Majestic Silver Corp (AG) have crossed above the average analyst 12-month target price of $15.26, changing hands for $16.86/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..