CXP Crosses Above Average Analyst Target
September 08, 2021 at 08:26 AM EDT
In recent trading, shares of Columbia Property Trust Inc (CXP) have crossed above the average analyst 12-month target price of $17.95, changing hands for $19.05/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..