TRI Crosses Above Average Analyst Target
November 28, 2016 at 09:00 AM EST
In recent trading, shares of Thomson Reuters Corp (TRI) have crossed above the average analyst 12-month target price of $42.62, changing hands for $42.98/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..