Altair Engineering Reaches Analyst Target Price
March 08, 2018 at 09:21 AM EST
In recent trading, shares of Altair Engineering Inc (ALTR) have crossed above the average analyst 12-month target price of $27.40, changing hands for $30.05/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..