Senior Housing Properties Trust Reaches Analyst Target Price
October 31, 2016 at 09:42 AM EDT
In recent trading, shares of Senior Housing Properties Trust (SNH) have crossed above the average analyst 12-month target price of $20.75, changing hands for $20.83/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..