Azure Power Global Reaches Analyst Target Price
December 22, 2020 at 08:38 AM EST
In recent trading, shares of Azure Power Global Ltd (AZRE) have crossed above the average analyst 12-month target price of $30.60, changing hands for $35.77/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..