Tier REIT Reaches Analyst Target Price
June 22, 2018 at 08:12 AM EDT
In recent trading, shares of Tier REIT Inc (TIER) have crossed above the average analyst 12-month target price of $23.75, changing hands for $23.99/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..