Sabra Health Care REIT Reaches Analyst Target Price

In recent trading, shares of Sabra Health Care REIT Inc (SBRA) have crossed above the average analyst 12-month target price of $24.11, changing hands for $24.17/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..