TIER Crosses Above Average Analyst Target
January 12, 2017 at 09:05 AM EST
In recent trading, shares of Tier REIT Inc (TIER) have crossed above the average analyst 12-month target price of $17.83, changing hands for $18.03/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..