ARRIS International Reaches Analyst Target Price
January 08, 2019 at 08:20 AM EST
In recent trading, shares of ARRIS International PLC (ARRS) have crossed above the average analyst 12-month target price of $30.70, changing hands for $30.73/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..