FTAI Crosses Above Average Analyst Target
December 07, 2020 at 07:53 AM EST
In recent trading, shares of Fortress Transportation & Infrastructure Investors LLC (FTAI) have crossed above the average analyst 12-month target price of $22.80, changing hands for $23.05/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..