Lexington Realty Trust Reaches Analyst Target Price
September 11, 2017 at 09:23 AM EDT
In recent trading, shares of Lexington Realty Trust (LXP) have crossed above the average analyst 12-month target price of $9.92, changing hands for $9.93/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..