Textainer Group Holdings Reaches Analyst Target Price
January 15, 2018 at 12:12 PM EST
In recent trading, shares of Textainer Group Holdings Ltd (TGH) have crossed above the average analyst 12-month target price of $24.33, changing hands for $24.75/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..