Embraer Reaches Analyst Target Price
January 06, 2021 at 08:01 AM EST
In recent trading, shares of Embraer SA (ERJ) have crossed above the average analyst 12-month target price of $6.38, changing hands for $6.51/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..