Alphatec Holdings Reaches Analyst Target Price
January 21, 2021 at 08:18 AM EST
In recent trading, shares of Alphatec Holdings Inc (ATEC) have crossed above the average analyst 12-month target price of $14.40, changing hands for $14.87/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..