Adecoagro Reaches Analyst Target Price
January 05, 2021 at 07:57 AM EST
In recent trading, shares of Adecoagro SA (AGRO) have crossed above the average analyst 12-month target price of $6.83, changing hands for $7.03/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..