UDR Crosses Above Average Analyst Target
May 02, 2017 at 09:12 AM EDT
In recent trading, shares of UDR Inc (UDR) have crossed above the average analyst 12-month target price of $37.45, changing hands for $37.61/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..