EastGroup Properties Reaches Analyst Target Price
December 08, 2017 at 09:42 AM EST
In recent trading, shares of EastGroup Properties Inc (EGP) have crossed above the average analyst 12-month target price of $90.62, changing hands for $90.98/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..