AMSWA Crosses Above Average Analyst Target
November 02, 2021 at 12:00 PM EDT
In recent trading, shares of American Software Inc (AMSWA) have crossed above the average analyst 12-month target price of $29.50, changing hands for $29.68/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..