Paramount Group Reaches Analyst Target Price
March 26, 2021 at 09:45 AM EDT
In recent trading, shares of Paramount Group Inc (PGRE) have crossed above the average analyst 12-month target price of $9.80, changing hands for $9.92/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..