Atlantic Capital Bancshares Reaches Analyst Target Price
June 14, 2021 at 08:35 AM EDT
In recent trading, shares of Atlantic Capital Bancshares Inc (ACBI) have crossed above the average analyst 12-month target price of $28.00, changing hands for $28.10/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..