FRTA Crosses Above Average Analyst Target
June 05, 2018 at 07:57 AM EDT
In recent trading, shares of Forterra Inc (FRTA) have crossed above the average analyst 12-month target price of $8.57, changing hands for $8.61/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..