TCO Crosses Above Average Analyst Target
August 03, 2020 at 08:53 AM EDT
In recent trading, shares of Taubman Centers Inc (TCO) have crossed above the average analyst 12-month target price of $38.50, changing hands for $38.72/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..