SNH Crosses Above Average Analyst Target
April 05, 2017 at 08:49 AM EDT
In recent trading, shares of Senior Housing Properties Trust (SNH) have crossed above the average analyst 12-month target price of $20.86, changing hands for $20.91/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..