GLOP Crosses Above Average Analyst Target
June 24, 2021 at 08:40 AM EDT
In recent trading, shares of GasLog Partners LP (GLOP) have crossed above the average analyst 12-month target price of $3.69, changing hands for $3.86/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..