Amyris Reaches Analyst Target Price
February 04, 2021 at 08:30 AM EST
In recent trading, shares of Amyris Inc (AMRS) have crossed above the average analyst 12-month target price of $10.00, changing hands for $11.79/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..